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Europe’s last major fully integrated penicillin production facility, operated by Sandoz in Kundl, Austria, is facing an uncertain future as cheaper Chinese antibiotics put pressure on prices. China’s share of European Union imports of penicillins and their derivatives rose from 44% in 2019 to 86% in 2025, according to Eurostat data. Sandoz has asked the […]
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German Foreign Minister Johann Wadephul is visiting China for the first time since assuming office, as Berlin adopts a firmer stance toward Beijing over trade disputes and geopolitical issues, aligning closely with European Union policy. The trip, postponed in October due to China’s lack of engagement, will include meetings with China’s foreign minister, trade minister,