Pfizer to Cease Vaccine Sales Business in China

April 2, 2015 9:04 AM

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Pfizer to Cease Vaccine Sales Business in China

License not renewed for Prevenar, which protects toddlers against pneumococcal disease.

SHANGHAI—Pfizer Inc. is ceasing vaccine sales operations in China after the Chinese government failed to renew an import license for one of its products, a move that the company said will cause a shortage of the treatment in China.

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