The suspects were accused of selling pre-filled saline syringes as coronavirus vaccines at high mark-up prices.
The report said police in Beijing and the eastern provinces of Jiangsu and Shandong had taken part in the operation and had tracked the places where the counterfeits had been produced and sold, locating an undisclosed number.
Under a new vaccine law that came into force in 2019, those making and selling fake vaccines can be fined between 15 and 50 times the value of the product, while those making or selling substandard products face fines of 10 to 30 times the value.
Changchun Changsheng was fined 3.4 million yuan (US$526,000) by a provincial regulator – a small sum for a listed company that reported net profits of 566 million yuan and received 48.3 million yuan in government subsidies in 2017.
The following year the company was found to have falsified production data for its rabies vaccine, this time receiving a much heavier fine of 9.1 billion yuan.
Vaccination specialists warned at the time that the incident would undermine the public’s already weakened confidence in vaccines.
(SCMP)