Chinese pharmaceutical firm Sinovac gets $500 million, boosting its coronavirus vaccine production

Dec 30th 2020 12:45pm EST

(Natural News) Chinese drugmaker Sinovac Biotech has obtained a cash investment to help boost production of its COVID-19 vaccine. Generic drugs firm Sino Biopharmaceuticals announced on Dec. 7 that it acquired a 15 percent stake in Sinovac Life Sciences, the subsidiary in charge of vaccine manufacturing. Sinovac expects a yearly production output of 300 million… […]

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