Tag Archives : pharmaceutical companies

The vaccine manufactured by Beijing-based Sinovac Biotech Ltd. has received approval from the State Food and Drug Administration’s drug registration department in China. The World Health Organization has stated that the results of clinical trials have been encouraging. The WHO had access to test results and has declared that there is no reason [...]

In a new agreement, giant pharmaceutical multinationals GlaxoSmithKline Plc and Pfizer Inc., the two leading developers of AIDS drugs, set up a joint company to develop drugs against HIV. This new company will hold nearly a fifth of the market for treatments against the virus. Glaxo will initially have an 85 percent stake in the joint venture. Pfizer [...]