COVID-19: Pfizer vaccine: undecided for sale in mainland China

COVID-19: Pfizer vaccine: undecided for sale in mainland China

-Phaiser Biontech faces a wall in China-

Chinese pharmaceutical giant
Fosun Pharma Group:

On August 23, the company announced its financial results for the January-June period of 2021.

amount of sales
16,952 million yuan (287 billion yen), an increase of 20.85% from the same period of the previous year

Net income
It increased by 44.77% to 2,482 million yuan (about 42 billion yen).

Pharmaceutical business sales:

It accounted for 12,248 million yuan (about 207.4 billion yen), or 72.25% of total sales.

Exclusive marketing rights for Fosun Pharmaceutical:

A vaccine jointly developed by Pfizer in the United States and Biontech in Germany.

Has exclusive marketing rights for mRNA vaccines in mainland China, Hong Kong and Macau.

RNA vaccine sales:

In the first half of 2021, sales of mRNA vaccines sold in Hong Kong and Macau already exceeded 500 million yuan (8.5 billion yen).

Waiting for review approval in mainland China:

However, in mainland China

Pfizer Biontech vaccines
Waiting for approval from the National Pharmaceutical Products Administration

The sales start time has not been decided yet.

Phase 2 clinical trials in China:

Clinical trials in China are still in Phase II.

Prospects for review approval in mainland China:

Mr. Wu declined to make a statement.

He just stated that he was proceeding with Phase 2 clinical trial procedures in accordance with regulations.

“Financial New” | Toyo Keizai Online

https://toyokeizai.net/articles/-/452394?display=b