China gives CanSino’s inhaled COVID-19 vaccine emergency use approval

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China's CanSino Biologics Inc. said on Sunday that its recently developed COVID-19 vaccine has been approved by the country's drug regulator for emergency use as a booster, potentially benefiting its business.

The CanSino Biologics logo is pictured on the Chinese vaccine maker's building in Tianjin, China November 20, 2018. REUTERS/ Stringer/ File Photo

The inhaled version of Cansino's adenovirus-vectored COVID-19 vaccine has obtained the green light from the National Medical Products Administration, the company said in a filing on Sunday. The company cautioned, however, that it will face fierce competition from other vaccines in China that have also obtained government approval or are in clinical trials.

Cansino also said it was uncertain when its vaccine would be able to go to market, since additional administrative approvals are still needed, while sales would depend on the COVID-19 situation at home and abroad, as well as China's vaccination rate.

 

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