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China Approved Its First COVID-19 Vaccine Based on Interim Result
On Thursday, December 31, 2020, China approved its first COVID-19 vaccine developed by a Chinese state-backed pharmaceutical company, Sinopharm, founded by China National Pharmaceutical Group (CNPG). As per the claim of the vaccine producer, Beijing Biological Products Institute, a subsidiary of CNPG, the vaccine was found 79.34% effective against the COVID-19 based on the interim analysis.