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SINOVAC Honored "MITRA BUMN GLOBAL CHAMPION 2022" for its success collaborating with Indonesia's SOEs to supply the COVID-19 vaccine
May 9, 2022 – Jakarta, Indonesia – SINOVAC Biotech Ltd., (SINOVAC), a leading provider of biopharmaceutical products in China, has been honored with the "MITRA BUMN GLOBAL CHAMPION 2022" award from the Indonesia State Ministry for State-Owned Enterprises (SOE). The award recognizes SINOVAC's contributions while serving as a partner to Indonesia's SOEs and success helping Indonesia produce and supply the COVID-19 vaccine during the pandemic.
SINOVAC Country Head of Indonesia received the award
SINOVAC, the only biopharmaceutical company to be awarded, has provided Indonesia with more than 280 million doses of its CoronaVac® COVID-19 vaccine. Of these, more than 100 million doses were delivered in semi-manufactured form, and filled and packaged by the Indonesian SOE, Bio Farma, to supply the Indonesia government's immunization programs.
The Indonesia State Ministry for SOEs delivered the award during an award ceremony, held today with the aim of strengthening synergy between Indonesia's SOEs and the private sector to encourage national economic development.
"The synergy between the lines, both from SOEs and private sectors is very important in building the nation's independence," said Erick Thohir, minister of SOEs. "Especially amid an era of uncertainty due to the pandemic, which disrupted the supply chain."
To ensure the national supply of COVID-19 vaccine in Indonesia, SINOVAC and Bio Farma reached a joint production agreement on Aug. 20, 2021, making SINOVAC the first company to cooperate with the SOE. In January 2021, the SINOVAC CoronaVac® COVID-19 vaccine was the first to be approved by the Indonesian government for emergency use and halal certification. On Jan. 13, 2021, Joko Widodo, president of Indonesia, became the first person in Indonesia to be vaccinated. With his first dose of CoronaVac®, he kicked off the nation's mass public vaccination.
In February 2021, Indonesia approved CoronaVac® for the elderly and in November 2021 it was approved for children aged 6 to 11, the only vaccine approved for use in this age group.
About SINOVAC
Sinovac Biotech Ltd. (SINOVAC) is a global biopharmaceutical company headquartered in China. Guided by its mission to “Supply Vaccines to Eliminate Human Diseases,” the Company is dedicated to the research, development, manufacturing and supply of vaccines and related biological products, providing vaccine products and related solutions for disease prevention and control worldwide.
SINOVAC has a diversified vaccine portfolio across multiple disease areas, including influenza, viral hepatitis, varicella, hand, foot and mouth disease (HFMD), poliomyelitis, rabies, tetanus, and pneumococcal disease. Three of SINOVAC's vaccines have been prequalified by the World Health Organization: the inactivated hepatitis A vaccine Healive®, the Sabin-strain inactivated poliomyelitis vaccine (sIPV), and the live attenuated varicella vaccine.
SINOVAC has extensive experience in vaccine research, development and commercialization for emerging infectious diseases and public health emergencies. The Company initiated vaccine R&D in response to major public health threats, including SARS, H5N1, H1N1, and COVID-19, and developed the world's first inactivated SARS vaccine (with Phase I clinical trials completed), China's first inactivated pandemic influenza vaccine against H5N1 (Panflu®), the world's first H1N1 influenza vaccine (Panflu.1®), and CoronaVac®, the world's most widely used inactivated COVID-19 vaccine. Beyond its marketed portfolio, SINOVAC continues to advance its R&D pipeline, spanning combination vaccines, recombinant protein vaccines, mRNA technologies, antibody-based products, and other next-generation technologies and product platforms, while expanding its capabilities in disease prevention and biopharmaceuticals.
With a long-standing commitment to innovation and global health, SINOVAC continues to deepen collaboration with research institutions, international organizations, and local partners while expanding its global presence. Through technological collaboration, localized production, and industrial partnerships, the Company aims to improve access to high-quality vaccines across regions, better address local disease prevention and healthcare needs, and strengthen preparedness for future public health challenges.
For more information, please see the Company's website at www.sinovac.com.