China Approves Pfizer Vaccine Prevenar

Wednesday, November 2, 2016

Chinese regulators have approved Pfizer Inc’s blockbuster vaccine Prevenar 13, the U.S. drugmaker said on Wednesday, a breakthrough for the firm after it was forced to shut its vaccine business in China last year.

Prevenar – one of Pfizer’s top selling products – is used primarily for infants to help prevent pneumococcal disease, a bacterial infection that can lead to illnesses such as pneumonia, meningitis and sepsis.

Pfizer shuttered its China vaccines business after a license for an earlier version of Prevenar was not renewed in 2015. Foreign drugmakers face growing difficulties obtaining approvals for medicines in China, the world’s No. 2 drug market.

Source: Reuters (link opens in a new window)

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