Tag Archives: China

Pfizer halts biosimilar programs in crowded China market, sells plant to WuXi Biologics

China only approved its first biosimilar drug in 2019, but the market is already looking too crowded for one Big Pharma company. Pfizer has halted its biosimilar programs in China and is selling a biologics facility there to Chinese CDMO giant WuXi Biologics, the company said in a statement Wednesday. The “difficult decision” came after a… Read More »

Planes carrying American coronavirus evacuees from China land at California military base

Two planes carrying American coronavirus evacuees from Wuhan, China — the epicenter of the deadly outbreak — have landed at Travis Air Force Base in Solano County, Calif., according to local reports. The flights, which were chartered by the U.S. Department of State, are carrying 350 Americans, KNTV reports. Passengers on one of the flights… Read More »

Amazon restricts employee travel to China ‘until further notice’ as coronavirus spreads

Nikol Szymul staffs a reception desk at Amazon offices discretely tucked into a building called Fiona in downtown Seattle, Washington on May 11, 2017. Getty Images Amazon has started restricting employee travel to China as the coronavirus continues to spread, a spokesperson confirmed to CNBC. “We place tremendous value and focus on the well-being and… Read More »