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SINOVAC Named BogotáBio Exclusive Partner, Fueling New Vaccine Advances in Colombia
June 5, 2023, Beijing, China – Sinovac Biotech Ltd. ("SINOVAC" or the "Company") (NASDAQ: SVA), a leading provider of biopharmaceutical products in China, today announced it has been named the exclusive strategic partner of BogotáBio, which will break ground as the first local human vaccine production facility to be established in Colombia’s capital city of Bogota.
BogotáBio, implementing an innovative collaboration model between the public and private sectors in the pharmaceutical sector in Bogota, aims to develop a range of vaccines that effectively address Colombia’s pressing need for immunization against various infectious diseases.
SINOVAC was selected by Bogota government as the winner among 15 biopharmaceutical companies invited globally through a tender process. The Company's extensive expertise and experience in vaccine R&D and production, and successful track record establishing vaccine manufacturing facilities will play a pivotal role in the new venture.
"BogotáBio will be one of the greatest innovations that we leave for Bogota in terms of research, development, and healthcare,” said Claudia López, mayor of Bogota, as she described the new facility’s impact during the 2023 Smart City Expo Bogotá.
"It is our honor to serve as the exclusive strategic partner of the Bogota government in the esteemed BogotáBio project. The widespread use of our COVID-19 vaccine demonstrates the trust placed in us, and we sincerely appreciate it," said Helen Yang, Chief Business Officer of SINOVAC. "We should all learn from the experience of this pandemic. The collaborative project between the Bogota government and SINOVAC aims to establish the country's self-sufficient capability in rapidly developing and producing vaccines, with the objective of preventing or mitigating the impact of future infectious threats.”
Colombia is one of the first countries in the world to adopt SINOVAC's COVID-19 vaccine, CoronaVac®, and granted emergency use approval for it in June 2021. To date, CoronaVac® and Healive®, SINOVAC’s hepatitis A vaccine, have been successfully distributed nationwide, effectively bridging the local vaccination gap with safe and affordable products.
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.