China’s first homegrown vaccine for herpes zoster (shingles), Ganwei, developed by Changchun BCHT Biotechnology Co. (BCHT), had a strong commercial launch in 2023, setting the stage for a showdown with GSK plc’s global blockbuster Shingrix in China’s rapidly growing preventive care market.
BCHT said in a new forecast that its total 2023 revenue is expected to jump by 64-75% versus the previous year, to between CNY1.8bn ($244.6) and CNY1.9bn
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