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BioNTech vaccine agent, Fosun Pharma, seeks more global sales through M&A opportunities, push into new markets


BioNTech vaccine agent, Fosun Pharma, seeks more global sales through M&A opportunities, push into new markets
Company aims to raise offshore sales to 40 per cent of group revenue over five years, from about 27 per cent in 2020
Company intends to launch three to four biosimilars and innovative drugs this year, and more in 2022 as additional candidates pass through R&D phase ....

Fosun Pharma , Fosun International , China Pharmaceutical Industry , Research And Development , சீனா மருந்து தொழில் , ஆராய்ச்சி மற்றும் வளர்ச்சி ,

The Politics Behind China's COVID-19 Vaccine Choices – The Diplomat


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With two new COVID-19 vaccines having just been given the green light to roll out in China, four distinct brands are now available to the Chinese population, and all four are made in China.
One might think that China’s choice to use, for the moment at least, only domestically-produced COVID-19 vaccines is a function of market forces, particularly supply and demand, and cost. And if Chinese vaccines were achieving more or less the same efficacy in trials, and effectiveness among the vaccinated population as some vaccines made outside of China are reaching, then it would make sense that Beijing would rely primarily upon its own domestic pharmaceutical manufacturing capabilities to provide for its own population. If on top of that production came in at a likely lower cost than foreign vaccines, then the business model would be perfectly logical. ....

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