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Parenteral intends to apply to the Drug Controller General of India (DCGI)for the import approval for the vaccines. The volume, delivery schedule andother specific details about how Sinovac's vaccines may be marketed andsupplied to the government of India and the private market in India have notbeen determined.
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Mr. Weidong Yin, Chairman, President and CEO of Sinovac, stated, "Theagreements correspond with Sinovac's international marketing strategy topartner with established local suppliers to secure regulatory approval andmore efficiently facilitate distribution in numerous international markets. Welook forward to partnering with Parenteral Biotech to bring our seasonalinfluenza vaccine and H1N1 vaccine to the people of India."
About Sinovac
Sinovac Biotech Ltd. is a China-based biopharmaceutical company thatfocuses on the research, development, manufacture and commercialization ofvaccines that protect against human infectious diseases. Sinovac'scommercialized vaccine products include Healive(R) (hepatitis A), Bilive(R)(combined hepatitis A and B), Anflu(R) (seasonal influenza), Panflu(TM)(pandemic influenza (H5N1)), and PANFLU.1(TM) (pandemic influenza A (H1N1)).Sinovac is developing vaccines for enterovirus 71, universal pandemicinfluenza, pneumococcal infection, Japanese encephalitis, and human rabies.Its wholly owned subsidiary, Tangshan Yian, is conducting field trials forindependently developed inactivated animal rabies vaccines.
Safe Harbor Statement
This announcement contains forward-looking statements. These statementsare made under the "safe harbor" provisions of the U.S. Private SecuritiesLitigation Reform Act of 1995. These forward-looking statements can beidentified by words or phrases such as "will," "expects," "anticipates,""future," "intends," "plans," "believes," "estimates" and similar statements.Among other things, the business outlook and quotations from management inthis press release contain forward-looking statements. Statements that are nothistorical facts, including statements about Sinovac's beliefs andexpectations, are forward-looking statements. Forward-looking statementsinvolve inherent risks and uncertainties. A number of important factors couldcause actual results to differ materially from those contained in anyforward-looking statement. Sinovac does not undertake any obligation to updateany forward-looking statement, except as required under applicable law.For more information, please contact: Helen G. Yang Sinovac Biotech Ltd. Tel: +86-10-8289-0088 x9871 Fax: +86-10-6296-6910 Email: [email protected] Investors: Amy Glynn/Stephanie Carrington The Ruth Group Tel: +1-646-536-7023/7017 Email: [email protected] [email protected] Media Janine McCargo The Ruth Group Tel: +1-656-536-7033 Email: [email protected]
SOURCE Sinovac Biotech Ltd.
