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Sino Biopharm Invests in Sinovac LS, A Leading COVID-19 Vaccine Company in China

Written by ACN Newswire - Press Releases

Sino Biopharm Invests in Sinovac LS, A Leading COVID-19 Vaccine Company in China

HONG KONG, Dec 7, 2020 - (ACN Newswire) - Sino Biopharmaceutical Limited ("Sino Biopharm" or the "Group"; HKEX: 1177) has announced the investment of US$515 million in Sinovac Life Sciences Co., Ltd. ("Sinovac LS", previously known as Sinovac Research and Development Co., Ltd.), which will be funded by internal resources of the Group and result...

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