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VacChina 2010 - A Premium Event to Define the Vaccine Industry in Asia
Date:6/25/2010

SHANGHAI, June 25 /PRNewswire-Asia/ --

"Life or death for a young child too often depends on whether he is born in a country where the vaccines are available or not."

-- Nelson Mandela

Hosted by Global Leaders Institute, world vaccine industry leaders will convene at VacChina 2010 on Sept 15 and 16 in Shanghai. The two-day executive summit will explore the major partnering opportunities in the vaccine industry in China. The goal of the summit is to bridge the China vaccine industry with the world in terms of vaccine R&D and production innovation and address needs of the entire industry to improve vaccine quality and safety.

At the end of 2009, the vaccine industry raised so much concern worldwide that the headlines of the business media were occupied by various kinds of news about vaccine enterprises. For example, Sinovac Biotech Co., Ltd. successfully landed the Nasdaq, then Simcere, a pharmaceutical company based in Jiangsu Province and listed on the NYSE, announced a 50.8% stake in Ealong Biotech and took control of the latter, and finally Novartis, the world-famous pharmaceutical company headquartered in Switzerland, acquired an 85.0% equity in Tianyuan Bio-Pharmaceutical, a vaccine producer, for RMB850M. These deals indicate that the investors and foreign pharmaceutical giants have not slowed down their pace to enter China's vaccine market, even in the face of this economic recession.

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SOURCE Global Leaders Institute
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