SHENYANG, China, Feb. 9 /PRNewswire-Asia-FirstCall/ -- 3SBio Inc. (Nasdaq: SSRX), a leading biotechnology company focused on researching, developing, manufacturing and marketing biopharmaceutical products primarily in China, today announced that it has appointed Mr. Bo Tan as Chief Financial Officer, effective February 1, 2009. Since joining 3SBio in October 2008, Mr. Tan has been acting as the financial advisor for the company, providing advice on the company's capital market initiatives and overseeing the company's treasury functions.
Dr. Jing Lou, Chief Executive Officer of 3SBio, commented, "I am delighted to name Bo as our CFO, given both his recent contributions to 3SBio as financial advisor and the broad wealth of experience he brings, as reflected by his previous roles in the financial services industry and pharmaceutical industry. I strongly believe that his skills and experience will further benefit our company during an important time of our development."
Mr. Tan, 36, has extensive experience within the financial and pharmaceutical industries, having worked across private equity, equity research and commercial practice. Previously, he has served as the Executive Director and a member of Investment Committee for Bohai Industrial Fund Management Company, a private equity fund in China. Earlier in his career, he spent six years in the pharmaceutical industry with Eli Lilly & Company and EMD Pharmaceuticals, Inc in North America and went on to serve as a China healthcare and consumer analyst at Lehman Brothers Asia and Macquarie Securities in Hong Kong.
"I am honored to be appointed as the CFO of 3SBio and I look forward to continuing to work closely with Dr. Lou and my other colleagues," remarked Mr. Tan. "Our company is in the middle of a critical and exciting stage of development, and I believe that my experiences will be able to contribute to what is an already strong management team."
Mr. Tan received his MBA degree from Thunderbird School of International
Management, an MA degree in economics from the
About 3SBio Inc.
3SBio Inc. is a leading, fully integrated biotechnology company focused on researching, developing, manufacturing and marketing biopharmaceutical products, primarily in China. For more information, please visit 3SBio on the web at: http://www.3sbio.com .
For more information, please contact: Bo Tan, CFO 3SBio Inc. Tel: +86-24-2581-1820 Investor Relations (China): Peter Schmidt FD Asia Tel: +86-10-8591-1953 Investor Relations (US): Evan Smith or John Capodanno FD US Tel: +1-212-850-5600
|SOURCE 3SBio Inc.|
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