The Centers for Disease Control and Prevention (CDC) backed a booster shot of Pfizer Inc (NYSE: PFE) and BioNTech SE (NASDAQ: BNTX) COVID-19 vaccine for Americans aged 65 and older and adults with an underlying medical condition.
It also said that residents of nursing homes and other long-term-care facilities should also get the extra shots.
But the panel disagreed about giving the booster to people in high-risk jobs, such as teachers, and risky living conditions.
The CDC recommendation follows FDA authorization and clears the way for a booster rollout to begin soon for people who had their second dose of the Pfizer shot at least six months ago.
CDC Director Rochelle Walensky said her agency had to make recommendations based on complex, often imperfect data.
The CDC said that group is currently about 26 million people, including 13 million age 65 or older.
Price Action: PFE stock is down 0.16% at $44.12, while BNTX stock is down 0.25% at $352.10 during the premarket session on the last check Friday.
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