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Reuters
Reuters
Business

Philippines approves emergency use of Moderna's COVID-19 vaccine

FILE PHOTO: A healthcare worker holds a vial of the Moderna COVID-19 Vaccine at a pop-up vaccination site operated by SOMOS Community Care during the coronavirus disease (COVID-19) pandemic in Manhattan in New York City, New York, U.S., January 29, 2021. REUTERS/Mike Segar

The Philippines' food and drug agency approved on Wednesday the emergency use of U.S. drugmaker Moderna Inc's COVID-19 vaccine in the Southeast Asian nation.

The known and potential benefits of Moderna outweighed the known and potential risks, Food and Drug Administration chief Rolando Enrique Domingo said during an online forum, adding it would be administered to individuals aged 18 and above.

The Philippines expects this month the delivery of 194,000 doses of Moderna's vaccine, the seventh to be approved for emergency use in the country.

(Reporting by Neil Jerome Morales; Editing by Ed Davies)

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