Sinovac Wins Approval for Swine Flu Vaccine in Mexico

| About: Sinovac Biotech, (SVA)

Sinovac Biotech Ltd. (NASDAQ:SVA) has received a Certificate of Approval to distribute its swine flu vaccine, PANFLU.1, in Mexico, the first swine flu vaccine to be registered there. However, before vaccine can be shipped to Mexico, China’s government must approve the export. Sinovac is in the middle of filling a 6.3 million dose order of PANFLU.1 for Beijing and the national government. It expects to complete delivery of 4.5 million doses by the end of October.

PANFLU.1 will be distributed in Mexico by Laboratorios Imperiales S.A. de C.V., who also helped in the Mexican registration process. Sinovac established its relationship with them in 2005. Sinovac has also applied for approval of its seasonal flu vaccine, Anflu, in Mexico.

Disclosure: none.