China to use BioNTech vaccine as booster shot, sources say

Joint venture with Fosun Pharma to make 100m to 200m vaccines a month

20210715 Biontech

Fosun Pharma’s joint venture in Shanghai with Germany's BioNTech is expected to reach an annual production capacity of 1 billion doses of COVID-19 vaccine by the end of the year. © Reuters

BAO ZHIMING, ZHU SIYAN and DENISE JIA, Caixin

Chinese drug regulators completed an expert panel review of a COVID-19 mRNA vaccine co-developed by Fosun Pharma and Germany's BioNTech, and now the shot is in the administrative review stage, according to Fosun.

The Shanghai-based pharmaceutical company is sticking with its previously announced plan to start domestic trial production by the end of August, Fosun Chairman Wu Yifang said Wednesday at a shareholders meeting.

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