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Pfizer and BioNTech's Coronavirus Vaccine Approved for Use in the U.K.

Pfizer and BioNTech's Coronavirus Vaccine Approved for Use in the U.K.

Early on Wednesday, the U.K. became the first Western country to approve a vaccine for use against the coronavirus: BNT162b2, developed by Pfizer (NYSE: PFE) and BioNTech (NASDAQ: BNTX). The government granted the vaccine an emergency use authorization at the recommendation of the U.K.'s national drug regulator, the Medicines and Healthcare Products Regulatory Agency.