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Fosun unit, BioNTech to form joint venture to make Covid-19 vaccine
Published on: 2021-05-10
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A unit of Shanghai Fosun Pharmaceutical Group Co. agreed to establish a joint venture with BioNTech SE for the local production and commercialization of its Covid-19 vaccine.
 

Shanghai Fosun Pharmaceutical Industry Development will invest as much as $100 million in the partnership including cash, according to a statement to Shanghai Stock Exchange. BioNTech will invest up to $100 million through assets including production technology and a proprietary license.
 

Under the deal, Fosun Pharmaceutical Industrial will provide a manufacturing facility that has the potential to produce as much as 1 billion doses of the vaccine a year.
 

复星医药:子公司拟与BioNTech设合资公司

实现mRNA新冠疫苗的本地化生产及商业化

5月9日晚间,上海复星医药(集团)股份有限公司发布公告称,其控股子公司复星医药产业拟与德国拜恩泰科(BioNTech)投资设立合资公司,以实现 mRNA 新冠疫苗产品的本地化生产及商业化。根据双方签订的《许可协议》,复星医药产业应提供年产能可达10亿剂 mRNA新冠疫苗的生产设施,并将该设施作为出资的一部分注入合资公司。

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