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China’s Sinovac amps up COVID-19 vaccine work with new facility backed by Chinese government

April 24, 2020

Chinese biotech Sinovac, one of many drugmakers seeking a COVID-19 vaccine, is leveraging aid from the People’s Republic of China to help it cross the finish line. But first, Sinovac will have to build out a massive new facility on the government’s dime.

With financial backing from the Chinese government, Sinovac will erect a new vaccine production facility on 230,000 square feet of land to help speed the development of a novel coronavirus shot, Reuters reported Thursday.

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