China in talks with Pfizer for generic Covid-19 drug: Sources

  • 📰 asiaonecom
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 59%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

HONG KONG/BEIJING – China is in talks with Pfizer Inc to secure a licence that will allow domestic drugmakers to manufacture and distribute a generic version of the US firm's Covid-19 antiviral drug Paxlovid in China, three sources told Reuters. China's medical products regulator – the National Medical Products Administration (NMPA) – has been leading the talks with Pfizer since...

HONG KONG/BEIJING – China is in talks with Pfizer Inc to secure a licence that will allow domestic drugmakers to manufacture and distribute a generic version of the US firm's Covid-19 antiviral drug Paxlovid in China, three sources told Reuters.

Chinese hospitals are under intense pressure after the government abruptly abandoned its "zero-Covid" policy last month, sending infections soaring. The surging wave of infections across the country has overwhelmed hospitals, emptied pharmacies of medicines and caused international alarm. In February last year, China approved Paxlovid, which was supposed to be largely available via hospitals, to treat high-risk patients in several provinces. Pfizer last month reached an agreement to export Paxlovid to China through a local company to make the medicine more widely available.

The second source said the NMPA has also advised firms to prepare to register with the regulator to produce the generic version of Paxlovid.Prospective candidates including Huahai and CSPC have in recent weeks been conducting "bioequivalence tests", which are required by Chinese regulators before generic drugs can be launched, the two sources and another source with direct knowledge of the matter said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China in talks with Pfizer for generic Covid-19 drug: SourcesBeijing is keen to finalise licensing deal terms before the Lunar New Year which begins on Jan 22. Read more at straitstimes.com. Freeloader straits_times Ivermectin is better than Paxlovid. 👉😏
Source: STForeignDesk - 🏆 4. / 71 Read more »

The US keeps offering China its Covid-19 vaccines, but China keeps saying noBeijing has repeatedly said it has enough vaccines. Read more at straitstimes.com. straits_times They know China has their reasons for not doing so. i said no too. Took 4 sinovac shots to prove my point.
Source: STForeignDesk - 🏆 4. / 71 Read more »

China Evergrande to hold talks with bondholders on Wednesday -sourcesHONG KONG : Embattled property developer China Evergrande Group will hold a meeting with dollar bondholders on Wednesday to discuss its debt restructuring proposals, two sources familiar with the matter said on Friday.Once China's top-selling developer, Evergrande is now at the centre of the country's pr
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Biden raises concern over China's COVID-19 response after WHO questions dataBEIJING: United States President Joe Biden raised concern about China's handling of its COVID-19 outbreak hours after the World Health Organization (WHO) said that China was underreporting deaths still many many unvaccinated Americans out there who also don't subscribe to mask wearing traveling all over the world. Joe's not worried cause the msm focus is only China... opinion: instead of Immunity , china opted for zero covid policy that never works, impossible to outlast the virus. 'WHO estimates that at least 90% of the world’s population now has some level of immunity to Sars-CoV-2, due to prior infection or vaccination,” Sloppy Joe is parroting the “next new thing” again. Everyone is more concerned with his dementia though, especially when his personal handler is not around to keep an eye on him.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

German expats in China receive first foreign Covid-19 vaccinesGermans in China can now receive the BioNTech vaccine at a hospitals in Beijing, Shanghai, Shenyang, Guangzhou and Chengdu. Read more at straitstimes.com. straits_times They just received vaccines that are NOT designed to stop transmission, but are supposed to prevent SEVERITY, for a NON-SEVERE virus. Let that sink in. 💁‍♂️
Source: STForeignDesk - 🏆 4. / 71 Read more »

China urges WHO to take 'just position' on Covid-19 after data criticismBeijing insists it has always 'shared relevant information and data with the international community”. Read more at straitstimes.com. Wonder which country lobbyist has such influence on the WHO straits_times Wonder why is China asking this ?
Source: STForeignDesk - 🏆 4. / 71 Read more »