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Monday, March 7, 2022

China Meheco Confirms Pfizer Talks on Selling Paxlovid in China

 China Meheco Corp. (600056.SH) is in talks on commercializing Pfizer’s new Covid-19 pill in China, but the discussions are still at an early stage, the state-owned pharmaceutical company said Monday.

Boosted by speculation that China Meheco might become Pfizer’s partner for marketing Paxlovid in China, the company’s Shanghai-traded shares surged by the daily limit of 10% during four consecutive sessions since last Wednesday.

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