Navigation Links
3SBio Inc. Receives Official Recognition as a 'High-Tech Enterprise'
Date:3/5/2009

SHENYANG, China, March 5 /PRNewswire-Asia-FirstCall/ -- 3SBio Inc. (Nasdaq: SSRX), a leading China-based biotechnology company focused on researching, developing, manufacturing and marketing biopharmaceutical products, today announced that, in accordance with the relevant provisions issued by the Office of Science and Technology, Liaoning Provincial Department of Finance, National Revenue Department in Liaoning Province and Local Revenue Department in Liaoning Province, the Company has been identified as 'high-tech enterprise.'

Companies are officially recognized as a 'high-tech enterprise' when, amongst other requirements, they are engaged in a field which supports the national government such as biology and new medicine technology, and when income from high-tech products or services accounts for more than 60% of the company's total income.

As a result of this new status, for the 2008, 2009 and 2010 fiscal years 3SBio will be subject to a 15% Corporate Income Tax rate.

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:

    Investor Contact:
     Bo Tan, CFO
     3SBio Inc.
     Tel: +86-24-2581-1820

    Investor Relations (China):
     Peter Schmidt
     FD Beijing
     Tel: +86-10-8591-1953

    Investor Relations (US):
     Evan Smith
     John Capodanno
     FD US
     Tel: +1-212-850-5600

'/>"/>
SOURCE 3SBio Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1

Related biology technology :

1. 3SBio Inc. to Present at the UBS Global Life Sciences Conference
2. 3SBio Inc. to Hold Annual General Meeting
3. 3SBio Inc. Schedules 2007 Third Quarter Earnings Release On Tuesday, November 13, 2007
4. 3SBio Inc. To Present at the 19th Annual Piper Jaffray Health Care Conference
5. 3SBio Inc. Announces Appointment of Kevin Sow Peng Teo as Chief Financial Officer
6. 3SBio Inc. to Present at the Merrill Lynch Global Pharmaceutical, Biotechnology and Medical Device Conference
7. 3SBio Inc. Schedules 2007 Fourth Quarter and Full Year Earnings Release on Wednesday, February 20, 2008
8. 3SBio Inc. Announces Change to the Board of Directors
9. 3SBio Inc. Announces Unaudited Fourth Quarter and Fiscal Year 2007 Results
10. 3SBio Inc. Announces Promotion of David Chen as Chief Operating Officer
11. 3SBio Inc. Approves Share Repurchase Program
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/19/2017)... ... September 19, 2017 , ... A best-selling author and ... companies. “Grit” author Angela Duckworth and her team at Character Lab have joined ... an international law firm with decades of experience supporting high-growth companies in the ...
(Date:9/19/2017)... Calif. and Washington, D.C. (PRWEB) , ... September ... ... delivering rapid care during an biological outbreak is about to be eliminated, said ... asked what makes ExcitePCR’s FireflyDX™ technologies different than other pathogen detection ...
(Date:9/19/2017)... ... September 19, 2017 , ... Molecular Devices, LLC, a leader ... to launch the CloneSelect™ Single-Cell Printer™ in North America. This novel system ... provide visual documentation of monoclonality for use in cell line development. , ...
(Date:9/18/2017)... ... September 18, 2017 , ... ... to produce biochar, briquettes, and torrefied wood is the topic of a ... To characterize the potential economic viability of transportable biomass conversion facilities for producing ...
Breaking Biology Technology:
(Date:4/11/2017)... Research and Markets has announced the addition of the ... ... to grow at a CAGR of 30.37% during the period 2017-2021. ... been prepared based on an in-depth market analysis with inputs from ... prospects over the coming years. The report also includes a discussion ...
(Date:4/6/2017)... 2017 Forecasts by Product Type ... by End-Use (Transportation & Logistics, Government & Public Sector, ... Fossil Generation Facility, Nuclear Power), Industrial, Retail, Business Organisation ... Are you looking for a definitive report on the ... ...
(Date:4/5/2017)... -- KEY FINDINGS The global market for ... of 25.76% during the forecast period of 2017-2025. The ... the growth of the stem cell market. ... INSIGHTS The global stem cell market is segmented on ... stem cell market of the product is segmented into ...
Breaking Biology News(10 mins):