SK Bioscience chief says unlikely China will source vaccines from it, reports FT

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SK Bioscience chief says unlikely China will source vaccines from it, reports FT
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SEOUL, Jan 9 — SK Bioscience Co Ltd chief executive Jaeyong Ahn said in a Financial Times interview that it is unlikely that the vaccine maker can supply Covid-19 vaccines to...

SEOUL, Jan 9 — SK Bioscience Co Ltd chief executive Jaeyong Ahn said in athat it is unlikely that the vaccine maker can supply Covid-19 vaccines to China amid its recent outbreak due to Beijing’s “national pride”.

Ahn said that it was “unrealistic” to supply Covid vaccines to China, as the country insists on using its own, the newspaper quoted him as saying.On Sunday, China’s National Healthcare Security Administration did not include Pfizer Inc’s Paxlovid in an update to its list of medicines covered by basic medical insurance schemes, saying that the US firm quoted a high price for the Covid-19 drug.

Chinese hospitals are under intense pressure after the government abandoned its “zero-Covid” policy last month, sending infections soaring. The abrupt changes have exposed many of China’s 1.4 billion population to the virus for the first time, triggering an infection wave that is overwhelming some hospitals, emptying pharmacy shelves of medication and causing international alarm. — Reuters

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