Switzerland's drugs regulator has declined to authorize a COVID-19 vaccine developed by England's University of Oxford and British-Swedish pharmaceutical giant AstraZeneca because the data that’s been submitted and analyzed so far "are not yet sufficient."

"To obtain more information about safety, efficacy and quality, additional data from new studies are needed," the Swiss Agency for Therapeutic Products, also known as Swissmedic, said in a statement Wednesday.

"The data currently available do not point to a positive decision regarding benefits and risks," the agency added. "To obtain a conclusive assessment, the applicant will among other things have to submit additional efficacy data from a Phase III trial under way in North and South America, and these will have to be analysed. As soon as the results have been received, a temporary authorisation according to the rolling procedure could be issued at very short notice."

Switzerland joins a growing list of European countries expressing skepticism over the amount of available trial data and the vaccine efficacy among older age groups. On Tuesday, health officials in both Belgium and France announced that, pending additional data, their countries won't recommend the Oxford/AstraZeneca vaccine to anyone over the age of 55. Last week, Germany's vaccine commission said the shot should not be administered to people older than 65, citing "insufficient data."

Meanwhile, the U.S. Food and Drug Administration has said it wants to see the results from a large, ongoing trial in the United States before authorizing the Oxford/AstraZeneca vaccine.

A COVID-19 vaccine developed by England's University of Oxford and British-Swedish pharmaceutical giant AstraZeneca not only protects people from serious disease and death but also may have a substantial effect on transmission of the virus, according to a new study that has not been peer-reviewed.

In a preprint published Tuesday, which is currently under peer review at the medical journal The Lancet, University of Oxford researchers said an analysis of further data from ongoing clinical trials of the two-dose vaccine shows a 67% reduction in positive swabs among those who received a single dose.

It's the first study to document evidence that any COVID-19 vaccine can reduce transmission of the virus.

Researchers said the analysis also reveals the vaccine efficacy is higher at longer prime-boost intervals and that a single dose of the vaccine is 76% effective from 22- to up to 90-days post vaccination, according to the manuscript.

Olympics organizers unveiled on Wednesday the first of a series of "playbooks," step-by-step guides for key stakeholders to a safe and successful Games in Tokyo this summer amid the coronavirus pandemic.

"We are very confident for a number of reasons," Christophe Dubi, Olympic Games executive director of the International Olympic Committee (IOC), said during a virtual press conference. "Tokyo is the best prepared city we have ever seen."

The playbooks explain what to do before leaving home, when entering Japan, during the Games and when leaving the country. The outlined protocols include physical distancing and good hygiene measures, regular testing and temperature checks, as well as rules of conduct until departing Japan.

"Safety would be the utmost priority," Hidemasa Nakamura, Games delivery officer of the Tokyo 2020 organizing committee, told reporters. "The virus will not completely disappear, wherever you are."

"Of course, we have no telling of what the situation will be in the summer," he added.

The playbook released Wednesday, which is for members of international federations and technical officials, states that individuals must take a COVID-19 test approved by the Japanese government within 72 hours of the departure time of their flight to the country, be prepared to take another test at the airport in Japan, expect regular testing during the Games depending on the nature of their role, be ready to have their temperature checked every time they enter an Olympic venue and be prepared to take a final COVID-19 test before departing Japan. They will not need to self-quarantine upon arrival in Japan, nor will they be required to get vaccinated against COVID-19 in order to participate in the Games.

Additional playbooks for athletes, members of the press and others will be published in the coming weeks ahead of the opening of the already delayed Tokyo Olympics on July 23. Updated editions may also be released as the COVID-19 situation evolves, according to organizers.

A decision on whether to limit spectators will be made by spring. Spectators would also be expected to follow a number of rules, organizers said.

ABC News' Anthony Trotter contributed to this report.

The U.S. Centers for Disease Control and Prevention now projects that the country will have recorded up to 534,000 COVID-19 deaths by the end of February.

The CDC on Wednesday published its latest national ensemble forecast, which predicts that the country's COVID-19 death rate will likely decrease over the next four weeks, with 11,300 to 22,600 new fatalities from the disease likely reported nationwide in the week ending Feb. 27. A total of 479,000 to 514,000 COVID-19 deaths are projected to be reported nationwide by this date.

Last week’s national ensemble forecast predicted there would be a total of 479,000 to 514,000 COVID-19 deaths reported nationwide by Feb. 20.

The number of cases, hospitalizations and deaths are continuing to decline nationwide, according to a new report by the U.S. Department of Health and Human Services.

There has been a four-week downward trend of reported COVID-19 cases – resulting in a 50% decline since the peak on Jan. 8.

However, the rates of adult occupancy in intensive care units remain high in several states, the report found.

So far, 39,037,964 vaccine doses have been administered, with 9% of the population (30.3 million people) having received one or more doses and 3% of the population (8.3 million people) having received two doses.

Since President Joe Biden was sworn in on Jan. 20, 22,512,683 doses have been administered toward his 100 million goal.

ABC News’ Josh Margolin and Arielle Mitropoulos contributed to this report.