Fierce Pharma August 30, 2024
Sanofi has suspended distribution of its two flu vaccines in China out of concern of waning potency. BioNTech’s antibody-drug conjugate partner, DualityBio, has filed for a Hong Kong IPO. UCB will offload some Chinese assets for $680 million. And more.
1. Sanofi halts flu vaccine distribution in China over fear of declining potency
Sanofi has temporarily stopped selling its two flu vaccines, Vaxigrip and VaxigripTetra, in China after a routine quality follow-up test flagged a decline in the vaccines’ potency in doses that were not yet distributed. The company attributed the problem to “unexpected circumstances” at the company’s production line in Shenzhen, China, which supplies doses only for the Chinese market.
2. Duality plans Hong Kong IPO to fund trials...