Sinovac Begins the Production of Influenza A (H1N1) Vaccine
08 Junho 2009 - 10:20AM
PR Newswire (US)
BEIJING, June 8 /PRNewswire-Asia/ -- Sinovac Biotech Ltd. (NYSE
Amex: SVA), a leading developer and provider of vaccines in China,
announced today that it begins the production of a vaccine against
influenza A (H1N1) virus. The virus seed was received from US CDC
and was delivered to the company on June 8, 2009. Mr. Weidong Yin,
Chairman, President and CEO of Sinovac, commented, 'In the midst of
a global outbreak and transmission of H1N1, our mission as a
vaccine developer and manufacturer is to protect the public. We are
very pleased to offer our expertise in supplying preventative
vaccines to the national and local authorities as they focus on
controlling the transmission of the H1N1 virus. Today, Sinovac has
received the virus seed, we will start the production of H1N1
vaccine immediately from production of virus seed lots. Throughout
this critical time, Sinovac will continue its commitment to
providing safe and high quality vaccines.' Sinovac's current annual
manufacturing capacity is approximately 20-30 million doses of
pandemic influenza vaccine. The capacity for H1N1 will depend on
the performance of the virus seed. In order to supply enough
vaccines to protect the public within a reasonable period of time,
Sinovac and other flu manufactures in China have collaborated to
co-manufacture Panflu, Sinovac's pandemic influenza vaccine with
H1N1 virus seed upon approval from China's State Food and Drug
Administration (SFDA). Sinovac will take the lead, completing key
production processes on its own production line, while other flu
manufacturers will be producing part of the bulk products and
filling and packaging semi-finished products. Sinovac's internal
preparations are being supported by external organizations in order
to deliver a high quality vaccine to the market as soon as
possible. China's SFDA has cleared the pandemic influenza vaccine
for fast track approval, while the National Institute for the
Control of Pharmaceutical and Biological Products (NICPBP) has
committed a simultaneous lot release for H1N1 vaccine to ensure
supply by early October 2009. Yin added, 'Sinovac is pleased to
lead the effort in providing vaccines against H1N1. Through our
expertise and external collaborators, we are integrating the
industry's resources to ensure that China's large population base
has access to the H1N1 vaccine, consistent with our ultimate
mission to supply vaccines to the public that offer the maximum
possible protection.' At the end of May 2009, Sinovac completed all
preparatory work for vaccine production against the H1N1 virus. On
May 29, 2009 during a visit from China's Vice Premier, Li Keqiang,
and his delegation, Li Keqiang emphasized the need for preventative
vaccines and praised Sinovac for its efforts towards infectious
disease prevention and social responsibility. About Sinovac Sinovac
Biotech Ltd. is a China-based biopharmaceutical company that
focuses on the research, development, manufacture and
commercialization of vaccines that protect against human infectious
diseases. Sinovac's vaccine products include Healive(R) (hepatitis
A), Bilive(R) (combined hepatitis A and B), and Anflu(R)
(influenza). Panflu(TM), Sinovac's pandemic influenza vaccine
(H5N1), has already been approved for government stockpiling.
Sinovac is developing vaccines for enterovirus 71, universal
pandemic influenza, Japanese encephalitis vaccine, and human rabies
vaccine. Its wholly owned subsidiary, Tangshan Yian, is conducting
field trials for independently developed inactivated animal rabies
vaccines. Safe Harbor Statement This announcement contains
forward-looking statements. These statements are made under the
"safe harbor" provisions of the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified 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 in this press
release contain forward-looking statements. Statements that are not
historical facts, including statements about Sinovac's beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of
important factors could cause actual results to differ materially
from those contained in any forward- looking statement. Sinovac
does not undertake any obligation to update any 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: Investors:
Amy Glynn/Sara Pellegrino The Ruth Group Tel: +1-646-536-7023/7002
Email: Media: Janine McCargo The Ruth Group Tel: +1-656-536-7033
Email: DATASOURCE: Sinovac Biotech Ltd. CONTACT: Helen G. Yang of
Sinovac Biotech Ltd., +86-10-8289-0088 x9871, fax:
+86-10-6296-6910, ; Investors: Amy Glynn & Sara Pellegrino,
both of The Ruth Group, +1-646-536-7023 & 7002 or & ;
Media: Janine McCargo of The Ruth Group, +1-656-536-7033,
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