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Pfizer to seek FDA authorization for third dose of coronavirus vaccine

Pfizer is expected to seek authorization from the Food and Drug Administration to administer a third dose of its coronavirus vaccine to boost immunity and potentially stop the spread of coronavirus variants, according to AP.

Why it matters: Pfizer and BioNTech released the initial results of a study into coronavirus booster shots, finding that a third dose was five to 10 times more effective at neutralizing the virus than two doses.

Editor's note: This story is breaking. Check back for more details.

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Australia's 2nd-most populous state to lock down after COVID spike

Victoria, Australia's second-most populous state, will enter a five-day lockdown just before midnight to combat a growing COVID-19 outbreak, officials announced on Thursday.

Why it matters: It will be the fifth time such restrictions have been imposed on residents in Victoria's state capital, Melbourne — who last year endured one of the world's longest lockdowns (112 days), when Melbourne was Australia's pandemic epicenter.

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