Bitter pill: China vaccine scandal sparks online fury, roils markets


  • World
  • Monday, 23 Jul 2018

FILE PHOTO: A nurse prepares a vaccine to be given to a child in a hospital in Beijing, China, April 13, 2016. REUTERS/Damir Sagolj/File Photo

SHANGHAI (Reuters) - A vaccine scandal in China, which has prompted angry reactions from leaders and citizens fed up with safety scares in the country, is sending ripples across the local drug market and threatening Chinese ambitions to play a larger global role.

Shares in Chinese vaccine makers and biotech firms fell across the board on Monday after Premier Li Keqiang slammed Changsheng Biotechnology Co for having crossed a moral red line and called for swift action.

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