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China Approves Covid Vaccines from Two Companies, Sinocelltech and Clover

publication date: Dec 5, 2022

Two China biopharmas, Sinocelltech Group and Clover Biopharma, announced that their recombinant COVID-19 products were approved to launch under emergency rules. Shenzhou Cell Engineering, a unit of Beijing’s Sinocelltech, has developed a vaccine that showed efficacy against omicron strains BA.1 and BA.5 with potential use against future variants as well. Clover tested its candidate as an effective booster for people who had received two doses of an inactivated vaccine. At one point in 2021, GAVI, the UN vaccine alliance, had signed up to buy 414 million doses of the Clover vaccine booster. More details...

Stock Symbol: (SHA:688520)

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