Beijing is keen to finalise licensing deal terms before the Lunar New Year which begins on Jan 22. Read more at straitstimes.com.
HONG KONG/BEIJING - China is in talks with Pfizer Inc to secure a licence that will allow domestic drugmakers to manufacture and distribute a generic version of the US firm’sChina’s medical products regulator - the National Medical Products Administration - has been leading the talks with Pfizer since late last month, one of the sources with knowledge of the matter said.
Paxlovid, found to have reduced hospitalisations in high-risk patients by around 90 per cent in a clinical trial, is in high demand with many Chinese attempting to get the drug abroad and have it shipped to China. The NMPA and the State Council Information Office, which handles media queries for the government, did not respond to Reuters requests for comment.
The second source said the NMPA has also advised firms to prepare to register with the regulator to produce the generic version of Paxlovid. Both Huahai and CSPC expect to submit the tests results to the NMPA later this month, one of them added.In March, 35 generic drugmakers around the world including five Chinese firms agreed to make cheap versions of Paxlovid for 95 poorer countries through a licensing arrangement with the U.N.-backed Medicines Patent Pool . That licence does not allow the companies to sell generic Paxlovid in China.
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