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by nedp 1984 days ago
> Meanwhile Sinovac is being tried for corruption in China, and their defense was actually confirm they paid bribes to officials in various countries to approve their vaccines (not Coronavirus ones, the trial is about 2011 stuff), but claim that the officials (including Instituto Butantã related officials) that used extortion, and thus they are victims, not perpetrators of the crime.

Where can I read about this? Would like to know more about it since the National Government here in the Philippines will use the one created by Sinovac for vaccination and they're trying their best to convince people despite the public skepticism regarding the lower efficacy rates which seems to indicate what you've said.

1 comments

"In 1985, Mr. Yin, then 21, was the first to isolate the hepatitis A virus, and in 2001, he founded Sinovac Biotech ... From 2002 to 2011, Mr. Yin paid $77,000 to a senior Chinese drug regulator, Yin Hongzhang, and his wife to approve his vaccines, according to a 2018 filing to the Securities and Exchange Commission, citing court documents."

https://www.nytimes.com/2021/01/07/business/china-coronaviru...