Brief: CanSino Sued By Belcher Farmaceutica Over COVID Vaccine Cooperation Dispute

Cansino Biologics

13/03/2024 15:08

March 13 (Reuters) - CanSino Biologics  688185.SS :
    * SAYS BELCHER FARMACEUTICA LTDA FILED A LAWSUIT AGAINST CO
OVER
COVID-19 VACCINE-RELATED COOPERATION DISPUTE
    * SAYS BELCHER ASKED COURT TO ORDER CO TO PAY ABOUT 241
MILLION
YUAN OF LOST EARNINGS AND MORAL DAMAGES
    * SAYS IT HAS A STRONG DEFENCE POSITION, EXPECTS THE
LITIGATION TO
HAVE NO SIGNIFICANT IMPACT ON CO'S PRODUCTION AND OPERATION

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 (Reporting by Beijing newsroom)
 ((Ella.Cao@thomsonreuters.com;))