BioNTech Covid Vaccines Will Be Made In Europe: Govt
"); jQuery("#212 h3").html("

"); });
2020-12-12 HKT 23:10
Health officials said on Saturday that a Covid-19 vaccine developed by German firm BioNTech in collaboration with China's Fosun Pharma will be manufactured in Europe.
In its latest attempt to allay public concerns over the safety of the vaccines, a Health Bureau spokesman said Fosun Pharma will be responsible for the clinical testing as well as the sales in China, while BioNTech will provide the 7.5 million doses for Hong Kong.
It's expected that the first batch of one million doses will arrive in the city in the first quarter of next year at the earliest.
Another 7.5 million doses from the mainland company will be manufactured in Beijing, the spokesman said, with the first batch of around one million doses arriving next month at the earliest.
Officials are also buying 7.5 million jabs from AstraZeneca, which is developing another coronavirus vaccine with Oxford University. The spokesman said it's expected the company can start delivering the vaccines to Hong Kong from the end of the second quarter next year, but he can't say where the vaccines will be made yet.
Meanwhile, Chief Executive Carrie Lam wrote on her Facebook page that while the government hopes to inoculate people as soon as possible, they will have to first make sure the vaccines are safe and effective.
She said she and ministers in her cabinet will be the first to receive a jab when any of the Covid-19 vaccine is approved for emergency use in Hong Kong.
ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education
ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more
Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets
The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more
Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation
Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more
MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending
MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more
Why The $2 Trillion Stablecoin Prediction Is Too Low
McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more
RedotPay Eyes US IPO With Potential US$1 Billion Raise
RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more
