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:8/29/2014)... , Aug. 29, 2014   Mast ... biopharmaceutical company, announced today that Santosh Vetticaden, Chief ... leaving the Company, for personal reasons, in mid-September.  ... Medical Officer of Aires Pharmaceuticals, which Mast acquired ... responsibilities as the Company,s interim Chief Medical Officer.  ...
(Date:8/29/2014)... 2014 Research and Markets has ... Industry Report, 2014-2017" report to their offering. ... proportion of reimbursement for medical expenses, the Chinese orthopedic ... scale presenting a CAGR of 19.2% during 2009-2013. Trauma ... segments of orthopedic instruments in China ...
(Date:8/29/2014)... DENVER , Aug. 29, 2014 Does your ... date, nearly 800 doctors have recommended marijuana to the over ... Amendment 20. But the majority of the other roughly 20,300+ ... still know very little about it – even though a ... adults say they have tried it. ...
Breaking Medicine Technology:Mast Therapeutics Announces Management Change 2Mast Therapeutics Announces Management Change 3Mast Therapeutics Announces Management Change 4China Orthopedic Instrument Industry Report, 2014-2017 2Medical Rules Marijuana Sales in Colorado But Most Doctors Still in the Dark 2Medical Rules Marijuana Sales in Colorado But Most Doctors Still in the Dark 3Medical Rules Marijuana Sales in Colorado But Most Doctors Still in the Dark 4
(Date:8/30/2014)... Hands On Mobile Massage and Spa ... spa experience combining elegant decor, soothing music, scent-sational ... ingredient of all, states Marla Kaplan-Pelle, Director of ... enjoy the get-away feel, without leaving the office ... into the spacious, luxurious spa and leave your ...
(Date:8/30/2014)... 2014 The Plastic Surgery Group (PSG) ... and even in the U.S. to provide clients with ... of patients’ waists with deep-tissue heating. , Unlike Cryotherapy ... Vanquish is more inclusive to target large sections of ... under panels about one inch away from their body ...
(Date:8/30/2014)... After offering hyperbaric oxygen therapy ... past several years, Dr. Roy Schmidt and the ... a scholarship program for veterans who have been ... held this summer to discuss veterans’ needs ( ... shed light on the large number of veterans ...
(Date:8/30/2014)... Manhattan Beach, Calif. (PRWEB) August 30, 2014 ... Carol Francis helps listeners understand how they unknowingly developed insomnia ... and have restful nights during. Tune in to the ... . The show airs live on August 30, and ... For more information on programming, go to DrCarolFrancisTalkRadio.com. ...
(Date:8/30/2014)... August 30, 2014 "My wife suffered ... a car accident," said one of two inventors from ... in her shoulder and neck area. She tried other ... pain and pressure, assisting in comfort and providing extra ... PILLOW CRADLE to support the head, neck and back ...
Breaking Medicine News(10 mins):Health News:Hands On Mobile Massage and Spa of Long Island Now Offers a Spa-on-wheels 2Health News:NJ Top Docs Presents, The Plastic Surgery Group 2Health News:Tennessee Hyperbaric Center Offering HBOT Scholarships to Veterans 2Health News:Sleepless Nights, Exhausting Days, Mental Fog – Relief for Insomnia With Clinical Psychologist Dr. Carol Francis 2
... Women Find Paying for Healthcare More Challenging than Men Employees ... ... May 15 According to a recent,Guardian survey, women (58%) were more ... pocket costs a challenge. But women,(51%) are more likely than men (42%) ...
... large genetic study in mice has identified hundreds of genes ... of more than 500 lymphomas to find the cancer causing ... in total, which together implicate almost 350 regions in the ... to genes known to be involved in human cancers while ...
... of Annual Walk to Raise Money for HIV ... Programs and Services in Tri-State Area, NEW YORK, May ... Charitable Foundation will donate $50,000 as,a Grand-level sponsor of AIDS Walk ... fifty other HIV-centric programs and,services in the tri-state area. Since 1986, ...
... problems ... in radiology, BOSTON, May 15 ... image and information management solutions,today announced that its complete suite of automation ... Meeting in Seattle, WA, from May 15 to 18. AMICAS will be ...
... 15 Vendormate, Inc., the leading provider,of ... safe from risky vendors, completes its tenure ... The ATDC is a,nationally-recognized science and technology ... successful companies., ATDC provides strategic business ...
... Chicago-based Bankers Life and Casualty,Company, a national life and ... 21st Annual Alzheimer,s Association Rita Hayworth Gala for,their support ... Days,fundraiser., "Bankers Life has organized Forget Me Not ... million since 2003 to support both national and,local efforts," ...
Cached Medicine News:Health News:Guardian Survey: Employees Are Confused About Their Health Coverage and Have No Plans for Healthcare in Retirement 2Health News:Guardian Survey: Employees Are Confused About Their Health Coverage and Have No Plans for Healthcare in Retirement 3Health News:Guardian Survey: Employees Are Confused About Their Health Coverage and Have No Plans for Healthcare in Retirement 4Health News:Guardian Survey: Employees Are Confused About Their Health Coverage and Have No Plans for Healthcare in Retirement 5Health News:Connecting cancer genes 2Health News:Duane Reade Announces Proud Sponsorship of AIDS Walk New York 2Health News:AMICAS Focuses on the Future of Radiology IT at SIIM 2008 2Health News:AMICAS Focuses on the Future of Radiology IT at SIIM 2008 3Health News:Vendormate Graduates ATDC Technology Incubator Program 2Health News:Bankers Life and Casualty Company Named Corporate Honoree at Alzheimer's Association Chicago Rita Hayworth Gala 2
... infant heelstick device uses a highly sharpened surgical ... gentle arc. The incision produced is carefully controlled ... most nerve fibers are located, but through the ... quality blood sample with significantly less pain and ...
... The revolutionary new design of the ... use. Every feature has been designed with ... for easy removal to the ergonomic thumb-groove ... linear tracked lance makes minimizing pain possible. ...
... blood safely, simply and successfully, the Unistik ... five versions, offering a variety of needle ... your sampling requirements. ,All have the same ... and prevent cross-infection, and a side firing ...
... offer a complete range of needle sizes to ... meters can be obtained with any skin type, ... and choice of needle diameters enable users to ... or tissue damage. This makes it easier to ...
Medicine Products: