• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Business

    Posted By maria gbaf

    Posted on January 6, 2022

    Featured image for article about Business

    By Michael Erman

    (Reuters) – The U.S. Centers for Disease Control and Prevention (CDC) said on Wednesday it expanded the eligibility of Pfizer Inc and BioNTech SE’s booster doses to those 12 to 15 years old.

    The move came after a panel of outside experts advising the CDC voted earlier to recommend booster shots of the COVID-19 vaccine be made available for ages 12 to 15.

    The CDC’s Advisory Committee on Immunization Practices (ACIP) voted 13 to 1 to recommend that the U.S. health agency support booster shots for those aged 12 to 15 at least five months after their second dose.

    The panel also said the CDC should strengthen its recommendation for boosters for ages 16 and 17. The agency had previously made the shots available to those teenagers, but had stopped short of suggesting that all of them should receive the additional jab.

    The CDC said in a statement it now recommended that adolescents age 12 to 17 years old should receive a booster shot 5 months after their initial Pfizer/BioNTech vaccination series.

    COVID-19 cases in the United States have hit record levels in recent days due to the fast spreading Omicron variant of the virus. Infection rates are surging as many workers and school children return from holiday vacations, raising the prospect of overwhelmed health systems as well as closed businesses and schools.

    “COVID is overwhelming our hospitals and our children’s hospitals,” said panel member Dr. Katherine Poehling, a professor at Wake Forest School of Medicine. “This is a tool we need to use, and help our children through this pandemic.”

    Data from Israel’s Health Ministry presented at the meeting suggested that vaccinated children aged 12 to 15 who were five to six months past their second dose were being infected at the same rate as unvaccinated kids by the Omicron variant of the virus. After receiving a booster shot, the infection rate dropped sharply, according to the data.

    Dr. Peter Marks, a top regulator at the U.S. Food and Drug Administration, said that it is reasonable to extend the boosters down to 12- to 15-year-olds given the current surge in cases.

    The FDA had authorized the additional doses U.S. FDA authorizes Pfizer’s COVID-19 booster for 12- to 15-year-olds for the age group on Monday, but the CDC sign-off was needed before the shots can be administered.

    “This booster dose will provide optimized protection against COVID-19 and the Omicron variant,” CDC Director Rochelle Walensky said in the statement.

    Some scientists have expressed concerns about the booster shots due to rare cases of heart inflammation called myocarditis that have been linked to both the Pfizer/BioNTech and Moderna vaccines, particularly in young men.

    While there is limited data on myocarditis after booster doses for ages 12 to 15, the FDA has said evidence from both the United States and Israel indicates that the risk of myocarditis in men aged 18-40 is significantly lower after booster shots than after the second vaccine dose.

    Only two cases of myocarditis were reported in Israel among 44,000 adolescents aged 12 to 15 who received a third dose of the Pfizer/BioNTech vaccine, the Israeli Health Ministry said on Wednesday.

    (Reporting by Michael Erman, Additional reporting by Manonjna Maddipatla and Jahnavi Nidumolu in Bengaluru; Editing by Bill Berkrot and Richard Pullin)

    By Michael Erman

    (Reuters) – The U.S. Centers for Disease Control and Prevention (CDC) said on Wednesday it expanded the eligibility of Pfizer Inc and BioNTech SE’s booster doses to those 12 to 15 years old.

    The move came after a panel of outside experts advising the CDC voted earlier to recommend booster shots of the COVID-19 vaccine be made available for ages 12 to 15.

    The CDC’s Advisory Committee on Immunization Practices (ACIP) voted 13 to 1 to recommend that the U.S. health agency support booster shots for those aged 12 to 15 at least five months after their second dose.

    The panel also said the CDC should strengthen its recommendation for boosters for ages 16 and 17. The agency had previously made the shots available to those teenagers, but had stopped short of suggesting that all of them should receive the additional jab.

    The CDC said in a statement it now recommended that adolescents age 12 to 17 years old should receive a booster shot 5 months after their initial Pfizer/BioNTech vaccination series.

    COVID-19 cases in the United States have hit record levels in recent days due to the fast spreading Omicron variant of the virus. Infection rates are surging as many workers and school children return from holiday vacations, raising the prospect of overwhelmed health systems as well as closed businesses and schools.

    “COVID is overwhelming our hospitals and our children’s hospitals,” said panel member Dr. Katherine Poehling, a professor at Wake Forest School of Medicine. “This is a tool we need to use, and help our children through this pandemic.”

    Data from Israel’s Health Ministry presented at the meeting suggested that vaccinated children aged 12 to 15 who were five to six months past their second dose were being infected at the same rate as unvaccinated kids by the Omicron variant of the virus. After receiving a booster shot, the infection rate dropped sharply, according to the data.

    Dr. Peter Marks, a top regulator at the U.S. Food and Drug Administration, said that it is reasonable to extend the boosters down to 12- to 15-year-olds given the current surge in cases.

    The FDA had authorized the additional doses U.S. FDA authorizes Pfizer’s COVID-19 booster for 12- to 15-year-olds for the age group on Monday, but the CDC sign-off was needed before the shots can be administered.

    “This booster dose will provide optimized protection against COVID-19 and the Omicron variant,” CDC Director Rochelle Walensky said in the statement.

    Some scientists have expressed concerns about the booster shots due to rare cases of heart inflammation called myocarditis that have been linked to both the Pfizer/BioNTech and Moderna vaccines, particularly in young men.

    While there is limited data on myocarditis after booster doses for ages 12 to 15, the FDA has said evidence from both the United States and Israel indicates that the risk of myocarditis in men aged 18-40 is significantly lower after booster shots than after the second vaccine dose.

    Only two cases of myocarditis were reported in Israel among 44,000 adolescents aged 12 to 15 who received a third dose of the Pfizer/BioNTech vaccine, the Israeli Health Ministry said on Wednesday.

    (Reporting by Michael Erman, Additional reporting by Manonjna Maddipatla and Jahnavi Nidumolu in Bengaluru; Editing by Bill Berkrot and Richard Pullin)

    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe