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Pfizer Partners with Sinopharm to Bring 12 Innovative Drugs to China

publication date: Apr 14, 2023

Pfizer announced a major partnership with Shanghai’s Sinopharm to market up to 12 innovative drugs in China over the next three years. The goal, according to Sinopharm’s president Liu Yong, is to market the new therapies to China’s citizens as quickly as possible. Sinopharm, a division of the China’s state-owned Sinopharm Group, is one of China’s largest drug distributors. The news did not include any financial details of the agreement nor the drugs that Pfizer wants Sinopharm to market. Until now, Pfizer has done its own commercialization in China. More details....

Stock Symbol: (NYSE: PFE)

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