The decision was made in order 'to focus on medicines with the greatest potential benefit to patients,' the company said.
RSV vaccines gained the backing of a panel of U.S. Food and Drug Administration advisers in late February and early March, bringing them a step closer to approval in the United States. The health regulator is expected to decide on the two vaccines by May.
Pfizer and GSK are running a tight race to tap into the RSV vaccine market, which is estimated to be more than $5 billion and could exceed $10 billion by 2030, according to analysts. There is currently no approved vaccine to prevent lower respiratory tract disease caused by RSV in older adults. It is responsible for 14,000 deaths in adults aged 65 and older annually in the United States, according to government data.Our Standards:
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