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Monday, September 7, 2020

Shanghai Fosun, Sinopharm to supply BioNTech Covid vaccine candidate

Shanghai Fosun Pharmaceutical has signed a strategic cooperation agreement with Sinopharm Group to supply a coronavirus vaccine candidate developed by German firm BioNTech, it said on Monday.

BioNTech announced last month a potential deal with Fosun Pharma to supply 10 million doses of their candidate to Hong Kong and Macau.

The two Chinese firms will work together to set up a cold chain system to store and distribute the vaccine, Fosun Pharma said in a press release.

Separately, a unit of China National Pharmaceutical Group, Sinopharm Group’s parent company, is testing two vaccine candidates in final-stage human trials to combat the virus that has killed over 880,000 people worldwide.

https://www.marketscreener.com/quote/stock/SHANGHAI-FOSUN-PHARMACEUT-6548924/news/Shanghai-Fosun-Pharmaceutical-Pharma-Sinopharm-Group-sign-deal-to-supply-BioNTech-coronavirus-vac-31245595/

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