Inside the Chinese companies vying to produce the world's first coronavirus vaccine

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In 2014, CanSino became the third pharmaceuticals company to develop a vaccine for Ebola.

, who was pivotal in developing CanSino’s Ebola vaccine, and probably explains CanSino’s COVID-19 vaccine trial on soldiers.

Yet in terms of company ownership, there is no link with the state. CanSino is mainly owned by the founding team and venture capital firms. Interestingly, the name “CanSino” is related to the fact that the founders have lived in Canada for a long time. Canada is also the first country to have ordered vaccines from CanSino, and the only European or North American country to have shown an interest in a Chinese vaccine.

Further down the line might be countries that have been less vocal in the geopolitical war between the US and China, such as France, Germany and Switzerland. But who knows: China has been generous – and political – in providing face masks and ventilator machines to critics as well. Finally, note that the Chinese don’t solely control all their efforts to produce a COVID-19 vaccine. Fosun Pharmawith Pfizer and Germany’s BioNTech in another vaccine initiative – the one Chinese player in an international joint venture. Fosun is also a shareholder in Oxford Science Innovation, which is invested in VacciTech, the company collaborating on the hotly tipped AstraZeneca vaccine. More interesting still, Huawei and Tencent are also investors in VacciTech.

 

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