Rochester, NY 7/8/2009 3:17:36 AM
End of Day Results - SVA - Approval for Sinovac to Provide Panflu - Sourced WhisperFromWallStreet.com
Sinovac Biotech Ltd.
End of Day Results - SVA - Approval for Sinovac to Provide Panflu - Sourced WhisperFromWallStreet.com
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SINOVAC BIOTECH LTD,SVA
Sinovac Biotech Ltd. (NYSE Amex: SVA), a leading developer and provider of vaccines in China, announced today that it has received a revised Drug Supplementary Application Approval for Panflu(TM), Sinovac's pandemic influenza vaccine from the China State Food and Drug Administration (SFDA), based on the Phase IIb clinical trial, Under the revised approval, the age group eligible for use of the whole viron inactivated pandemic influenza vaccine was expanded to 18 years old and over, whereas it was previously 18 to 60 years of age, enabling Sinovac to reach a much broader percentage of the population. Sinovac also received a Supplementary Application Approval to change the existing packaging of 0.5mL per vial of Panflu to 1mL per vial, which will enable Sinovac to double its filling and packaging capacity.
About
Sinovac Biotech Ltd., a biopharmaceutical company, focuses on the research, development, manufacturing, and commercialization of vaccines that protect against human infectious diseases in China. Its portfolio of regulatory-approved products consists of vaccines against the hepatitis A, hepatitis B and influenza viruses. The company offers Healive, an inactivated hepatitis A vaccine; Bilive, a combination hepatitis A and B vaccine; Anflu, a split virus influenza vaccine; and Panflu, a vaccine against the H5N1 influenza virus. The company?s pipeline vaccine candidates in the pre-clinical and clinical development phases include human vaccines for Enterovirus 71, Japanese encephalitis virus, and rabies; a vaccine for the SARS virus, which completed Phase I clinical trial; animal rabies vaccine; and a split viron vaccine for the H5N1 influenza virus, which completed Phase II clinical trial. It markets and sells its vaccine products primarily through various provincial and municipal centers for disease control and prevention. Sinovac Biotech Ltd. was founded in 1999 and is headquartered in Beijing, the Peoples Republic of China.
Last Trade: 3.95
Day's Range: 3.93 - 4.08
52wk Range: 0.75 - 4.98
Volume: 592,836
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