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Beijing Wantai Biological Terminates 20-Valent Vaccine Project, Shifts to Higher‑Valent Project

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Beijing Wantai Biological Pharmacy Enterprise (SHA:603392) terminated the development of its 20-valent pneumococcal polysaccharide conjugate vaccine, according to a Tuesday filing with the Shanghai bourse.

The vaccine maker will transition into a higher-valent version of the drug with a total investment of 2.44 billion yuan, the filing said.

Construction will take place within 70 months, with target completion scheduled in June 2032.

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