Vaccine maker Adimmune Corp (國光生技) has won a bid to supply 3.68 million flu vaccines to the Ministry of Health and Welfare, which would generate revenue of NT$885.18 million (US$31.14 million), it said.
That would account for 58 percent of the 6.32 million flu shots the ministry plans to purchase this year, with the remainder to be provided by TTY Biopharm Co (台灣東洋藥品) and Sanofi SA, ministry data showed.
Adimmune offered 3.7 million flu vaccines last year, accounting for 61 percent of the 6.05 million vaccines funded by the ministry, the data showed.
The company said it plans to produce about 100,000 to 150,000 quadrivalent flu vaccines for domestic consumers who plan to purchase the drug on their own.
After stepping into China, Thailand and Europe last year, the company said it plans to expand its overseas market this year.
“It is very likely that overseas demand for our flu vaccines would rise year-on-year,” Adimmune spokesman Pan Fei (潘飛) told the Taipei Times by telephone.
China was the only overseas market in which Adimmue offered trivalent flu vaccines last year, Pan said.
The company has applied with the Chinese regulator for marketing approval of its quadrivalent flu vaccine, he said.
“After obtaining China’s approval for quadrivalent flu vaccines, we will shift to producing only such vaccines and supply them to all markets,” Pan said, adding that they offer a higher margin and better efficacy than trivalent vaccines.
Adimmune produces up to 8 million doses of flu vaccines a year, and plans to raise the figure to 15 million over the next two years, aided by investment in new equipment and production improvements, Pan said.
“We forecast that global demand for influenza shots would continue growing in the next few years as health awareness increases,” he said.
The company posted a net profit of NT$1.24 billion for last year, compared with a net loss of NT$280 million a year earlier, thanks to a 43 percent increase in revenue to NT$1.86 billion.
The company’s board of directors last month approved a proposal to distribute a cash dividend of NT$0.5 per share, suggesting a payout ratio of 16.5 percent based on last year’s earnings per share of of NT$3.03.
SUPPLY HICCUPS: Poor manufacturing yields at Apple’s overseas suppliers have caused at least one maker of its new MiniLED displays to pause production, sources said The next-generation display destined to be a highlight of Apple Inc’s upcoming top-tier iPad Pro is facing production issues that could lead to short initial supplies of the new device, people familiar with the matter said. The Cupertino, California-based tech giant plans to showcase a new MiniLED display technology in the 12.9-inch iPad Pro set to be announced as early as the second half of this month. However, the firm’s overseas suppliers are dealing with poor manufacturing yields, the people who asked not to be named discussing sensitive matters said. At least one of the MiniLED makers has had to pause production as
END OF AN ERA: The Boeing 747-400 jumbo jets have served the airline well, but new-generation aircraft are more fuel-efficient, CAL chairman Hsieh Shih-chien said China Airlines Ltd (CAL, 華航) yesterday bid farewell to its last four Boeing 747-400 planes, ending the era of the “Queen of the Skies” at the airline. CAL has since 1975 operated a total of 29 747 series aircraft manufactured by Boeing Co. In 1990, it started receiving delivery of 19 747-400 jumbo jets, with the last one, the B-18215, delivered in 2005, it said. The B-18215 was the last of the passenger model produced by Boeing, making the 16-year-old aircraft the world’s youngest 747-400, CAL chairman Hsieh Shih-chien (謝世謙) told an event to bid farewell to the planes at Taiwan Taoyuan
Several hundred people have already booked their tickets and begun training for a spectacular voyage: a few minutes, or perhaps days, in the weightlessness of space. The mainly wealthy first-time space travelers are preparing to take part in one of several private missions which are preparing to launch. The era of space tourism is on the horizon 60 years after Soviet cosmonaut Yuri Gagarin became the first person in space. Two companies, Virgin Galactic and Blue Origin LLC, are building spacecraft capable of sending private clients on suborbital flights to the edge of space lasting several minutes. Glenn King is the director of
DIVERSE SUPPLY: TSMC chairman Mark Liu said the firm’s US$12 billion investment in Arizona would succeed with continued bipartisan support from the US Congress Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, on Monday took part in a virtual White House summit about a global semiconductor shortage and Washington’s plans to strengthen US supply chains. The Hsinchu-based company was among 19 firms, including fellow chipmakers Samsung Electronics Co, GlobalFoundries Inc and Intel Corp, that attended the summit hosted by US National Security Adviser Jake Sullivan, US National Economic Council Director Brian Deese and US Secretary of Commerce Gina Raimondo. US President Joe Biden told executives in the meeting that there is bipartisan support in the US Congress for efforts to strengthen the US