Pfizer to shutter vaccines sales business in China

April 2, 2015 6:09 AM

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Pfizer to shutter vaccines sales business in China

SHANGHAI (Reuters) - U.S. drugmaker Pfizer Inc (PFE.N) said on Thursday it will cease its vaccines sales operations in China after an import license for one of its top-selling treatments, the only vaccine it sold in the country, was not renewed.

A Pfizer spokeswoman declined to say why the Chinese import license for Prevenar, an anti-bacterial treatment, had not been renewed. The China Food and Drug Administration regulatory agency could not immediately be reached for comment.

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