Pfizer CEO says there will be no generic Paxlovid for China

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Pfizer CEO says there will be no generic Paxlovid for China
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Talks with China broke off after it asked for a lower price than Pfizer is charging for most lower middle income countries. Read more at straitstimes.com.

not in talks with Chinese authorities to license a generic version of its Covid-19 treatment Paxlovid

Reuters reported on Friday that China was in talks with Pfizer to secure a licence that will allow domestic drugmakers to manufacture and distribute a generic version of the US firm’s Covid-19 antiviral drug Paxlovid in China. Mr Bourla said the company had shipped thousands of courses of the treatment in 2022 to China and in the past couple of weeks, had increased that to millions.

Mr Bourla said that talks with China on future pricing for the treatment had broken off after China had asked for a lower price than Pfizer is charging for most lower middle income countries.

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