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World’s First Covid Vaccine You Inhale Is Approved in China

  • CanSino’s shares rise as much as 14.5% after China approval
  • Needle-free delivery could appeal to vaccine-hesitant people
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WATCH: Xuefeng Yu, chairman and CEO of Cansino Biologics Inc., discusses the company’s newest needle-free covid vaccine, the significance of it being administered this way and the challenges faced in developing the vaccine.Source: Bloomberg

China became the first country to approve a needle-free, inhaled version of a Covid-19 vaccine made by Tianjin-based CanSino Biologics Inc., pushing the company’s shares up as much as 14.5% Monday morning in Hong Kong. 

China’s National Medical Products Administration approved CanSino’s Ad5-nCoV for emergency use as a booster vaccine, the company said in a statement to the Hong Kong Stock Exchange on Sunday.