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About: http://data.cimple.eu/news-article/a20462d6ead53b1d55b3f4578c8f5198e583eae3a0a175a054eb334d Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	A unit of a Chinese giant Shanghai Fosun Pharmaceutical has agreed a $200 million joint-venture with Germany's BioNTech to make coronavirus vaccines, according to a company filing. Shanghai Fosun Pharmaceutical Industry Development will contribute up to $100 million in assets including cash and a manufacturing facility, capable of producing up to a billion jabs a year, according to the statement by the parent company on Sunday. The announcement comes after the United States backed a plan for a waiver on Covid-19 patent protections, in a bid to get the drugs to poorer countries -- sending shares in Asia-listed vaccine makers tumbling last week. Fosun said the joint venture firm for manufacturing and commercialising coronavirus vaccines will be owned 50 percent each by each company. The 15-year joint venture would be incorporated in Shanghai. BioNTech will contribute assets such as "licensing of the relevant manufacturing technology and know-how", the statement said. bys/apj/dan
schema:headline	Fosun Pharma unit to form tie-up with BioNTech for vaccine doses
schema:mentions	Patent Germany Vaccine United States Severe acute respiratory syndrome coronavirus 2 Coronavirus disease 2019 Fosun Pharmaceutical Shanghai Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-05-10 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	88 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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