AstraZeneca says booster shot effective against omicron as Pakistan reports more suspected cases

A health worker inoculates a man with a dose of the Covishield AstraZeneca-Oxford's Covid-19 coronavirus vaccine at a vaccination center in Lahore, Pakistan, on May 23, 2021. (AFP/File)
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Updated 23 December 2021
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AstraZeneca says booster shot effective against omicron as Pakistan reports more suspected cases

  • The study on AstraZeneca vaccine has been conducted by the University of Oxford which also helped develop it
  • A Pakistani news channel says six new suspected omicron cases have emerged in the country's most densely populated Karachi city

ISLAMABAD: British pharmaceutical company AstraZeneca said on Thursday a third shot of its COVID-19 vaccine effectively neutralized the omicron variant of the novel coronavirus during a recent study, as a Pakistani news channel announced six new suspected cases of infection caused by the new strain.

The omicron variant was first detected in South Africa and is said to be highly transmissible, causing severe infection among young people. Media reports indicate the new form of the virus has spread across 89 countries.

According to an AFP report, the study on AstraZeneca vaccine was carried out by the University of Oxford which also helped the pharmaceutical giant with its development.

Pakistan reported its first omicron case in Karachi on December 13, though it is suspected that 12 more people in the province of Balochistan have also contracted the new variant of the virus.

"The third dose booster vaccination neutralized the Omicron variant to levels that were broadly similar to those observed ... after the second dose against the Delta variant," AstraZeneca said in a statement.

One of the study investigators at the University of Oxford confirmed the claim.

"It is very encouraging to see that current vaccines have the potential to protect against Omicron following a third dose booster," said professor John Bell, who contributed to the study, while talking to AFP.

"These results support the use of third dose boosters as part of national vaccine strategies, especially to limit the spread of variants of concern, including Omicron."

Meanwhile, Geo News in Pakistan said six new suspected omicron cases had emerged in the country's most densely populated city of Karachi while quoting sources at the provincial health department of Sindh.

The news channel informed the suspected patients had a travel history, adding that four of them recently arrived in the country from South Africa while two others came from Britain.

The local news channel said the suspected omicron patients had been shifted to a quarantine center.

AFP said a separate research conducted in the United Kingdom suggested that omicron infections were less likely to result in hospitalization compared to the delta variant.

The Pakistan government has instructed the provincial authorities to increase the pace of its immunization drive as number of omicron cases multiply around the world.


Pakistan regulator says over 21,600 new companies registered in first half of FY26

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Pakistan regulator says over 21,600 new companies registered in first half of FY26

  • This reflects a 29 percent increase compared to the 16,839 companies that were registered during same period last year, says regulator
  • These incorporations contributed $109.5 billion in paid-up capital, says Securities and Exchange Commission of Pakistan report

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) said this week it registered over 21,600 new companies in the first half of the current fiscal year, reflecting rising investor confidence and positive economic outlook in the country. 

In a report issued on Jan. 6, the SECP said it registered 21,668 companies in the first six months of the current fiscal year, adding that these incorporations contributed Rs30.7 billion [$109.5 million] in paid-up capital. 

The report said this represented a 29 percent increase compared to the 16,839 companies registered during the same period last year.

“Pakistan’s business landscape continues to demonstrate strong momentum, reflecting rising investor confidence and a positive economic outlook,” the SECP report said. 

The SECP said the latest increase has brought the total number of registered companies in Pakistan to 279,724. It said the top ten sectors by incorporations were led by the IT & e-commerce, with 4,277 companies, followed by trading (2,997 companies), services (2,686 companies) and real estate (2,031 companies). 

“This sectoral diversity highlights expanding entrepreneurial activity, particularly in technology-driven and service-oriented industries,” the report said. 

The SECP said foreign investment also remained “robust” during the period, adding that 524 newly incorporated companies received foreign investment amounting to Rs1.26 billion [$4.5 million] with the participation from 731 foreign investors. 

“China emerged as the leading source, accounting for 71 percent of total inflows,” the SECP said. “It was followed by Afghanistan (8 percent), the United States (2 percent), and the United Kingdom, Germany, South
Africa, South Korea, Norway, Vietnam, Nigeria, and Bangladesh, each contributing 1 percent,” it added. 

The SECP said an additional 11 percent of the investment originated from other countries.