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Fosun and BioNTech to develop vaccine targeting omicron

Many drugmakers expect efficacy of existing jabs lower against new variant

Fosun is the exclusive partner of BioNTech for marketing the co-developed mRNA vaccine in greater China, which includes Hong Kong, Macao and Taiwan.   © Reuters

Shanghai Fosun Pharmaceutical said it will work with German partner BioNTech to develop a new vaccine targeting the omicron variant of COVID-19, but it may take three to four months to win regulatory approval.

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