Stories
Slash Boxes
Comments

SoylentNews is people

posted by martyb on Wednesday July 25 2018, @02:49AM   Printer-friendly
from the ἐπὶ-δηλήσει-δὲ-καὶ-ἀδικίῃ-εἴρξειν dept.

Bitter pill: China vaccine scandal sparks fury, roils markets

A vaccine scandal in China, which has prompted angry reactions from citizens fed up with safety scares, is sending ripples across the local drug market and threatening Chinese ambitions to play a larger role in the global pharmaceutical space.

Shares in Chinese vaccine makers and biotech firms fell across the board on Monday after Premier Li Keqiang slammed Changsheng Biotechnology Co for having crossed a moral red line and called for swift action.

Changsheng has been found to have faked production documents related to a rabies vaccine that is given to babies as young as three months, underscoring the difficulties China faces in cleaning up the image of the world's second-biggest drug industry as it aims to promote its vaccines globally.

While there have been no known reports of people being harmed by the vaccine, the regulator ordered Changsheng to halt production and recall the product after the scandal emerged earlier this month.

The case has gone viral in China, where sensitivity over food and drug safety is extremely high after a slew of scandals over the last decade. It was among the most hotly discussed topics on microblogging website Sina Weibo on Monday.


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 2) by HiThere on Wednesday July 25 2018, @06:49PM (1 child)

    by HiThere (866) Subscriber Badge on Wednesday July 25 2018, @06:49PM (#712571) Journal

    IIRC, the FDA was created when one of Teddy Rooseveldt's grandchildren (children?) was poisoned by contaminated food. The US used to be just as much of a food and drugs free-for-all.

    --
    Javascript is what you use to allow unknown third parties to run software you have no idea about on your computer.
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2  
  • (Score: 0) by Anonymous Coward on Thursday July 26 2018, @03:02AM

    by Anonymous Coward on Thursday July 26 2018, @03:02AM (#712886)

    Noble intents back in Teddy's day, now run by lobby groups and well-lubricated by Big Pharma. The anti-vaxxers DO have a point. If you are in the 99.999% for whom the jab does what it advertises, Ok. But there ARE that 0.001% which are truly horrific cases - which Big Pharma / FDA deny and denounce with their propaganda. China - unregulated. From poisonous dog food in the early 2000's till now and forever. Cannot trust anything MiC for (real) quality.