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Zeifei Biological Partners with GSK to Market Shingles Vaccine in China

publication date: Oct 9, 2023

Chongqing Zhifei Biological partnered China sales of a GSK shingles vaccine, Shingrix, for three years, starting January 1, 2024. Zhifei agreed to purchase $3 billion of the vaccine over the three-year period. To meet the goal, Zhifei will have to double the current rate of sales. Further financial details were not disclosed. The partnership could be extended if both parties agree. Zhifei also has the right of first refusal to be GSK’s partner for an RSV vaccine for older adults in China, once it is approved. Zhifei is China’s largest vaccine company by revenue. More details....

Stock Symbol: (LSE/NYSE: GSK)

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