Is Pantheon's Aegis now useless against dragon?

Hello, Could someone help me understand how it works now? I remember pantheon used to be able to solo Dragon lvl1 and then got nerfed somehow so to prevent him from doing that. I just started jungling with Pantheon and it seems my Aegis won't protect me against dragon's attacks at all. Is that the case? ...If so, I'd be very dissapointed. :'( Thank you in advance, Grumpy.
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