US EditionChina's Vaccine Giants Continue to Suffer Losses, Chongqing's Richest Man's Wealth Shrinks by Hundreds of Billions | Zhifei Bio
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Zhifei Bio, once known as the "King of Vaccines", is experiencing unprecedented difficulties. In the first quarter of 2025, the company suffered a net loss of RMB 305 million, which was the third consecutive quarter of losses and the worst performance in eight years.
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