China’s Fosun says willing to provide BioNTech vaccines to Taiwan By Reuters

© Reuters. FILE PHOTO: Test tubes are seen in front of a displayed Biontech logo in this illustration taken, May 21, 2021. REUTERS/Dado Ruvic/Illustration

BEIJING (Reuters) – China’s Shanghai Fosun Pharmaceutical Group Co Ltd is willing to provide Taiwan with BioNTech COVID-19 vaccines, its chairman Wu Yifang told Xinhua news agency, amid a spike in domestic infections on the island.

Fosun signed a deal with BioNTech to exclusively develop and commercialise COVID-19 vaccine products developed using BioNTech’s mRNA technology in mainland China, Hong Kong, Macau and Taiwan.

BioNTech’s development and distribution partner for the rest of the world is U.S. firm Pfizer Inc. (NYSE:)

Wu said certain groups in Taiwan he did not name had been in touch for an emergency purchase of vaccines and the company was willing to “provide vaccine services to Taiwan compatriots”.

Since last year, Fosun has been promoting vaccines for Taiwan, Wu said, adding they hope shots can arrive on the island soon to help prevent a resurgent spread of the virus.

Fosun did not immediately reply to a Reuters request for comment.

Taiwan’s government has said it is talking with BioNTech rather than Fosun, and that the two sides were on the verge of announcing a deal in December when BioNTech pulled the plug.

Taiwan has implied China was to blame for the failed deal, while China has blamed Taiwan for trying to circumvent Fosun.

BioNTech said in February it planned to provide the vaccine to Taiwan, but has not provided further details and declined to comment on the progress of talks in a statement to Reuters this week.

China claims Taiwan as its own territory, and has repeatedly sparred with the island over the coronavirus pandemic. Taiwan has accused China of spreading fake news, which Beijing denies.

Taiwan has received only around 700,000 vaccine doses to date, all from AstraZeneca (NASDAQ:) Plc, and those are rapidly running out as it steps up vaccinations during a spike in domestic infections.

Taiwan has millions more doses on order, including from Moderna (NASDAQ:) Inc, but like many other parts of the world has faced delivery delays due to global shortages.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*