Navigation Links
Simcere Pharmaceutical Group Announces Sale of Equity Interest in Boda
Date:6/24/2013

NANJING, China, June 24, 2013 /PRNewswire/ -- Simcere Pharmaceutical Group ("Simcere" or the "Company") (NYSE: SCR), a leading pharmaceutical company specializing in the development, manufacturing, and marketing of branded and proprietary pharmaceuticals in China, today announced that it entered into a share transfer agreement with Zhuhai Rongding Equity Investment Partnership L.P. on June 17, 2013 to sell Simcere's approximately 99.99% equity interest in Jilin Boda pharmaceutical Co., Ltd. ("Boda"), which is currently the manufacturer of Yidasheng, for a cash consideration of RMB400 million.

Simcere holds an approximately 99.99% stake in Boda through acquisitions made since 2007. Upon completion of this transaction, Simcere will no longer hold any equity interest in Boda. Consummation of the transaction is subject to certain closing conditions. 

About Simcere Pharmaceutical Group

Simcere Pharmaceutical Group ("Simcere" or the "Company") (NYSE: SCR) is a leading pharmaceutical company specializing in the development, manufacturing, and marketing of branded and proprietary pharmaceuticals in China. Simcere concentrates its research and development efforts on the treatment of diseases with high incidence and/or mortality rates and for which there is a clear demand for more effective pharmacotherapy such as cancer, strokes, cardiovascular disease, infectious diseases and pain. For more information about Simcere Pharmaceutical Group, please visit www.simcere.com.

Investor and Media Contacts:

Email: ir@simcere.com

In Nanjing:<
'/>"/>


SOURCE Simcere Pharmaceutical Group
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2

Related medicine technology :

1. Bristol-Myers Squibb and Simcere Enter Partnership to Co-Develop and Co-Commercialize Orencia(R) SC (abatacept) in China
2. Simcere Pharmaceutical Group Announces Resignation of Chief Scientific Officer
3. Simcere Pharmaceutical Group Reports Preliminary Unaudited First Quarter 2013 Results
4. Simcere Pharmaceutical Group Filed 2012 Annual Report on Form 20-F
5. Simcere Pharmaceutical Group to Announce First Quarter 2013 Financial Results on Thursday, May 9, 2013
6. Simcere Pharmaceutical Group Announces its Special Committees Engagement of Financial Advisor
7. Simcere Pharmaceutical Group Announces Issuance of GMP Certificate to Simcere Vaxtec
8. Simcere Pharmaceutical Group Announces its Special Committees Engagement of Legal Counsel
9. Simcere Pharmaceutical Group Announces Receipt of "Going Private" Proposal
10. Simcere Pharmaceutical Group Reports Preliminary Unaudited Fourth Quarter And Full Year 2012 Results
11. Simcere Pharmaceutical Group to Announce Fourth Quarter and Fiscal Year 2012 Financial Results on Thursday, March 7, 2013
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/19/2014)... Dec. 19, 2014 In today,s increasingly ... web presence to reflect the needs of a ... must meet the needs of key stakeholders while ... According to recent research by benchmarking ... the participating companies averaged more than $100,000 in ...
(Date:12/19/2014)... and CARDIFF-BY-THE-SEA, Calif. , Dec. ... SRNE ;  Sorrento), an oncology company developing ... Conkwest, Inc., a privately-held immuno-oncology company developing proprietary ... cell-line based therapy, announced today that the companies ... develop next generation CAR-TNK™ (pronounced as "Car-Tank") immunotherapies ...
(Date:12/19/2014)... 18, 2014 Research and Markets ... the "Micro Market Monitor: North American Dermatology ... http://photos.prnewswire.com/prnh/20130307/600769 ... steadily, which has resulted in fueling the overall ... main purpose of these dermatology devices is to ...
Breaking Medicine Technology:Building a Best-in-Class Pharma Global Brand Website 2Sorrento and Conkwest Announce Exclusive Global Collaboration 2Sorrento and Conkwest Announce Exclusive Global Collaboration 3Sorrento and Conkwest Announce Exclusive Global Collaboration 4Sorrento and Conkwest Announce Exclusive Global Collaboration 5Micro Market Monitor: North American Dermatology Diagnostic Devices Market 2Micro Market Monitor: North American Dermatology Diagnostic Devices Market 3
(Date:12/22/2014)... December 22, 2014 At the ... next month in San Antonio, esteemed experts ... dynamics that often stand in the way of ... , This premier faculty development opportunity is ... Leadership, whose mission is to assist nurse educators ...
(Date:12/21/2014)... Weddingshe.com, an outstanding online supplier of wedding dresses ... new selection of Cocktail Dresses for the winter 2014. ... newest fashion trends. , “We take pride ... . All of them are offered at greatly discounted ... every effort to offer a nice shopping experience for ...
(Date:12/21/2014)... (PRWEB) December 21, 2014 AngelWeddingDress.com’s new ... There is a total of 1,000 new designs in ... the coming spring 2015. , AngelWeddingDress.com promises ... female shoppers with wardrobe essentials while many fashion trends ... problems, the customer service team at AngelWeddingDress.com is ready ...
(Date:12/21/2014)... York, NY (PRWEB) December 21, 2014 ... nearing 1,400 in a consolidated litigation underway in New ... documents, a total of 1,375 claims involving the birth ... Superior Court. These lawsuits were filed by women who ... to have led to uterine perforations and other complications ...
(Date:12/21/2014)... December 21, 2014 Over the past ... issues in hundreds of emergency departments across the nation, ... findings have been translated into an innovative suite of ... correct deficiencies and enhance the patient experience. , ... physician staffing and management services for hospitals, announced the ...
Breaking Medicine News(10 mins):Health News:2015 NLN Leadership Conference February 5-7 San Antonio 2Health News:2015 NLN Leadership Conference February 5-7 San Antonio 3Health News:Stunning Cocktail Party Dresses from Weddingshe.com 2Health News:2015 Spring Wedding Dresses From AngelWeddingDress Just Released 2Health News:Mirena Lawsuits Approach 1,400 in Bergen County Litigation, Bernstein Liebhard LLP Reports 2Health News:Mirena Lawsuits Approach 1,400 in Bergen County Litigation, Bernstein Liebhard LLP Reports 3Health News:NES Health Launches Stipend Program for Emergency Physicians in Training to Financially Assist Emergency Department Doctors While They Learn 2
... , MONDAY, May 9 (HealthDay News) -- Hospitals that perform ... for older, sicker patients to receive a new heart, according ... analyzed data from all 17,211 heart transplants done in the ... also ranked the hospitals where the transplants were performed as ...
... , MONDAY, May 9 (HealthDay News) -- Night owls who ... odds for weight gain, a new study finds. Researchers ... the midnight oil typically consume more calories in the evening ... to rise" types. The study, published online in ...
... Although the Centers for Disease Control and Prevention recommends ... as part of their regular medical care, testing rates remain ... Hasbro Children,s Research Center suggests teens who are offered free ... the test. According to findings published in the ...
... National Research Council lays out a framework for the ... compare the public health consequences of its decisions concerning ... framework provides a common internal language to discuss potential ... define the relevant health dimensions for FDA decision making. ...
... Professor Michael Olausson was able to create a new connection ... and the intestines, necessary to cure the girl. The girl ... good. The girl developed during her first year of life ... from the intestines to the liver. This introduced the risk ...
... Fla. (May 9, 2011) At the 18th ... and Repair (ASNTR), held in conjunction with the 11th ... 4 May 8, 2011 in Clearwater Beach, Florida, ... for Brain Repair to Donald Eugene Redmond, MD, professor ...
Cached Medicine News:Health News:Best Heart Transplant Outcomes Seen at High-Volume Centers 2Health News:Burning the Midnight Oil May Lead to Weight Gain 2Health News:Study finds teens often willing to accept free or low-cost rapid HIV testing 2Health News:FDA could analyze public health consequences of its decisions better 2Health News:Stem cell technology used in unique surgery 2Health News:Yale and Rush University scientists receive Sanberg Awards from ASNTR 2Health News:Yale and Rush University scientists receive Sanberg Awards from ASNTR 3
An easy-to-fit high water content spherical soft lens manufactured using cast molding technology, and designed for use in the correction of myopia on a daily wear or extended wear basis....
... With the Hertel, the ... hands and held firmly against ... line with the center of ... against the two temporal orbital ...
Hertel exophthalmometer is used for precise exophthalmos measurements (e.g. exophthalmic goiter)....
Naugle exophthalmometer is superior and inferior orbital rim-based instrument....
Medicine Products: