Sinovac Enters Purchase Agreement with Beijing Public Health Bureau for Anflu, Sinovac's Seasonal Influenza Vaccine
Monday October 22, 8:00 am ET
BEIJING, Oct. 22 /Xinhua-PRNewswire/ -- Sinovac Biotech Ltd. (Amex: SVA
), a leading provider of biopharmaceutical products in China, announced today that the Beijing Public Health Bureau has entered into an agreement with Sinovac to purchase Anflu, a split influenza vaccine developed and manufactured by Sinovac. As part of the beneficial policies for citizens of Beijing, certain Beijing citizens will have inoculation against influenza for free or with certain allowances. In order to prevent and control infectious diseases, improve public health, and conform to national inoculation regulations, the Beijing Public Health Bureau has commenced the purchase of flu vaccines and corresponding services for 2007.
Under the Bureau's plan, people over the age of 60 will be inoculated with the influenza vaccine at no charge and primary and secondary school students will be inoculated with the influenza vaccine at a charge of 20 RMB per person with allowances from the Bureau. The inoculation period is scheduled to commence in October and will last until December 2007.
The Bureau selected Sinovac's bid. Up till now 140,000 adult doses of Anflu at 34 RMB per dose were delivered to the Bureau. People in Haidian District, Dongcheng District, Changping District and Fangshan District of Beijing will be inoculated with Anflu, Sinovac's seasonal influenza vaccine. If the demand is increasing, the Bureau will order more flu vaccine.
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 vaccines include Healive(TM) (hepatitis A), Bilive(TM) (combined hepatitis A and B) and Anflu(TM) (influenza). Sinovac is currently developing human vaccines against the H5N1 strain of pandemic influenza, Japanese encephalitis and SARS. Additional information about Sinovac is available on its website, http://www.sinovac.com
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For more information, please contact:
Helen G. Yang
Sinovac Biotech Ltd.
Tel: +86-10-8289-0088 X871
Stephanie Carrington/Janine McCargo
The Ruth Group