The Oxford-AstraZeneca Covid vaccine is being reportedly withdrawn worldwide, months after the pharmaceutical company admitted for the first time in court documents that it can cause a rare side effect.

Calling the decision purely coincidental, the Pharma giant has cited “surplus of available updated vaccines” as the reason behind the withdrawal.

They said that the vaccine is no longer being manufactured or supplied, the Telegraph said on Tuesday.

AstraZeneca said the decision was made because there is now a variety of newer vaccines available that have been adapted to target Covid-19 variants. This had led to a decline in demand for the AstraZeneca vaccine, which is no longer being manufactured or supplied.

In a statement the company said, “We are incredibly proud of the role Vaxzevria played in ending the global pandemic.”

“As multiple, variant Covid-19 vaccines have since been developed, there is a surplus of available updated vaccines. This has led to a decline in demand for Vaxzevria, which is no longer being manufactured or supplied. AstraZeneca has therefore taken the decision to initiate withdrawal of the marketing authorisations for Vaxzevria within Europe.”

“We will now work with regulators and our partners to align on a clear path forward to conclude this chapter and significant contribution to the Covid-19 pandemic,” the company said.

AstraZeneca came under intense scrutiny in recent months over a very rare side effect, which causes blood clots and low blood platelet counts. The company admitted that the vaccine “can, in very rare cases, cause TTS”.

TTS, which stands for Thrombosis with Thrombocytopenia Syndrome, has been linked to at least 81 deaths in the UK as well as hundreds of serious injuries. AstraZeneca is being sued by more than 50 alleged victims and grieving relatives in a High Court case.

However, the company said that the decision was purely coincidence and not linked to the Court case or its admission that it can cause TTS.

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