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INTERNATIONAL > East Asia & Pacific

Chinese drugmaker to provide 10 million doses of COVID-19 vaccine to Taiwan

Nikkei wrote that the Shanghai Fosun Pharmaceutical Group, a Chinese drugmaker, announced on Sunday that it has signed contracts with Taiwan Semiconductor Manufacturing Company (TSMC) and a charity group founded by Terry Gou, the founder of Hon Hai Precision, to sell them a total of 10 million doses of a COVID-19 vaccine developed by German pharmaceutical manufacturer BioNTech for $350 million. TSMC and the charity group reportedly plan to donate all the vaccines they procure to the Taiwanese government. The paper wrote that although Taiwan has obtained a total of about 7 million doses of COVID-19 vaccines, including more than 2 million from the United States and Japan, it will receive more from China. The paper also wrote that it is speculated that the Chinese government and the Shanghai Fosun Pharmaceutical Group were behind Taiwan’s failed negotiations with BioNTech to procure the vaccine and that Terry Gou, who has close ties with China, held direct negotiations with the Chinse drugmaker on behalf of the Taiwan government. Yomiuri and Asahi ran similar reports.

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