Source:
https://scmp.com/news/china/money-wealth/article/2156520/changsheng-bio-tech-vaccine-maker-behind-chinas-latestMoney & Wealth
Changsheng Bio-tech, the vaccine maker behind China’s latest public health scare
Pharmaceutical firm pursued big profits through aggressive marketing and, according to court documents, even bribery
Pharmaceutical firm pursued big profits through aggressive marketing and, according to court documents, even bribery
Propelled by government subsidies, aggressive marketing and – according to court documents – even bribery, drug maker Changchun Changsheng Bio-technology has seen years of robust growth and big profits.
But after it was exposed supplying ineffective DPT (diphtheria, whooping cough and tetanus) vaccines to be used on babies as young as three months old, and forging data for its rabies vaccines, the company now faces the wrath of China’s leadership and millions of parents.