SAWT BEIRUT INTERNATIONAL

| 7 October 2022, Friday |

CanSino’s inhaled COVID-19 vaccine gets emergency use approval in China

CanSino Biologics Inc. of China announced on Sunday that the country’s drug regulator has given the recently created COVID-19 vaccine approval for emergency use as a booster. This might be advantageous to the company’s operations.

The National Medical Products Administration has given the go-ahead to Cansino’s adenovirus-vectored COVID-19 vaccination for inhalation, the company reported in a filing on Sunday.

“The approval will have a positive impact on the company’s performance if the vaccine is subsequently purchased and used by relevant government agencies,” CanSino said.

The company cautioned, however, that it will face fierce competition from other vaccines in China that have also obtained government approval or are in clinical trials.

China granted emergency use authorisation to Livzon Pharmaceutical Group Inc’s COVID-19 vaccine as a booster, Livzon said on Friday, one of just two new products against the disease the country had cleared in more than a year.

Cansino also said it was uncertain when its vaccine would be able to go to market, since additional administrative approvals are still needed, while sales would depend on the COVID-19 situation at home and abroad, as well as China’s vaccination rate.

China has seen a recent flare-up in COVID outbreaks. The southern tech hub of Shenzhen imposed a weekend lockdown in most parts of the city on Saturday, while the southwestern metropolis of Chengdu put its 21 million people under lockdown on Thursday.

Mainland China reported 1,848 new coronavirus cases for Sept. 3, including both symptomatic and asymptomatic infections, compared with 1,988 new cases a day earlier.

    Source:
  • Reuters