-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CdFdXYV4UQE5LxwkdeGwD9/RQG0q2rX3KSWD9ZYGMd4Jthd/fXmKATxkz0XQYuhb 27dBRfpnpxT9dLZIOoPDpA== 0001127855-04-000171.txt : 20040407 0001127855-04-000171.hdr.sgml : 20040407 20040406204910 ACCESSION NUMBER: 0001127855-04-000171 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040331 FILED AS OF DATE: 20040407 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SINOVAC BIOTECH LTD CENTRAL INDEX KEY: 0001084201 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 000000000 STATE OF INCORPORATION: B9 FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-29031 FILM NUMBER: 04721281 BUSINESS ADDRESS: STREET 1: 39 SHANGDI XI ROAD STREET 2: HAIDIAN DISTRICT CITY: BEIJING STATE: F4 ZIP: 100085 BUSINESS PHONE: 86-10-82890088 MAIL ADDRESS: STREET 1: 39 SHANGDI XI ROAD STREET 2: HAIDIAN DISTRICT CITY: BEIJING STATE: F4 ZIP: 100085 FORMER COMPANY: FORMER CONFORMED NAME: NET FORCE SYSTEMS INC DATE OF NAME CHANGE: 19991110 6-K 1 sinovac6k033104.txt SINOVAC BIOTECH LTD. 6K, 03.31.04 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 6-K -------- REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of March 2004. Commission File Number: 0-29031 SINOVAC BIOTECH LTD. (Name of Registrant in its charter) ANTIGUA and BARBUDA (State or other jurisdiction of incorporation or organization) 39 Shangdi Xi Road Haidian District, Beijing China 100085 (Address of principal executive offices and zip code) Tel: 86-10-82890088 Fax: 86-10-62966910 (Issuer's telephone and fax numbers) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F Form 20-F X Form 40-F ----- ----- Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes No X ----- ----- If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ----- INDEX - ----- Item - ---- 1. Press Release dated March 23, 2004 - Exhibit 99.1 Item 1. Press Release dated March 23, 2004 - Exhibit 99.1 - --------------------------------------------------------- SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. SINOVAC BIOTECH LTD. -------------------- Date: April 2, 2004 By: "Wei Dong Yin" ------------------------------ Wei Dong Yin, President and a Director EXHIBIT INDEX Number Exhibit Sequential Page Number - -------------- ----------------------------------- ---------------------- 99.1 Press Release dated March 23, 2004 4 EX-99.1 3 sinovacexh99_1.txt SINOVAC BIOTECH LTD. 6K, PRESS RELEASE EXHIBIT 99.1 - ------------ SINOVAC BIOTECH LTD. -------------------- HAS INITIATED NEW HUMAN INFLUENZA VACCINE R&D PROJECT AND IS EXPECTED TO ------------------------------------------------------------------------ COMPLETE PRE-CLINICAL RESEARCH BY THE END OF THIS YEAR ------------------------------------------------------ BEIJING, March 23, 2004 - Sinovac Biotech Ltd. ("Sinovac") (NASD OTC-BB: SNVBF, Frankfurt: SVQ) is pleased to announce that it has initiated the Inactivated New Human Influenza (H5N1) Vaccine Research and Development Project. Based on the protocol, it is expected to finish pre-clinical research by the end of this year. A professional workshop was held by the Chinese "Bird-Human Infection Prevention and Control Team" in Beijing on Feb. 11, 2004. Mr. Xiaoping DONG and Mr. Dexin Li from China CDC and Dr. Weidong Yin, President of Sinovac Biotech Ltd., presented the "New Human Influenza Vaccine Research and Development Protocol". After this, the Control Team decided to immediately initiate the New Human Influenza Vaccine R&D project. The Science and Technology Team of the National Headquarters for Highly Infectious Avian Flu officially issued the project document. This document lists the New Human Influenza Vaccine R&D project in the first group of projects for Highly Infectious Avian Flu Prevention and Control Programs and assigns the task to China CDC, Sinovac, China National Biotech Corporation, and NICPBP. Moreover, Sinovac and the National Institute for Viral Disease Control and Prevention of China CDC jointly developed the first-ever Inactivated SARS vaccine. According to the New Human Influenza Vaccine R & D Protocol, scientists will take the virus strain from avian flu (H5N1) patients in Hong Kong and Vietnam. The vaccine is produced through the steps of manual cultivation, propagation, inactivation, purification, and splitting of virus strain (H5N1). This set of processes mainly include: studies on virus strain breeding; infectious titer; antigenicity; immunogenicity; establishment and testing on primary seed lot; master seed lot; working seed lot of viral seed; passage stability study; vaccine bulk production technology study; preparation prescription method study; testing method study; antigenicity; immunogenicity; animal protection study; animal-safety evaluation; final product stability study; and scaled-production method study. It is expected that this pre-clinical research will be finished by the end of this year. According to Dr. Weidong Yin, President of Sinovac, "Our domestic scientists are experienced in Split Flu vaccine R&D. Beyond this, in the past year we have successfully developed the first ever Inactivated SARS Vaccine in the world. We have a reliable platform with excellent scientific research capability, significant experience, a P3 Lab, a modern vaccine production base for the New Human Influenza Vaccine R&D, support from the Chinese Government, and we are able to integrate all kinds of resources - making it possible to accomplish the scientific research within the shortest time." Dr. Yin added, "it is easy to do H5N1 virus strain breeding, but biosafety is the biggest problem during the time of virus strain culturing, propagation, and inactivation. Current epidemiology shows that H5N1 is highly infectious and pathogenic for birds, but not that serious for humans. However, whenever H5N1 virus combines with human flu virus and two of them recombine to be a new flu virus, then it is possible for the virus to be highly infectious and pathogenic to humans." This kind of pandemic caused by recombination of human-bird flu virus has historically happened three times. It caused worldwide disaster each time. Moreover, according to Mr. Yin, in order to prevent "Newly developed Reassortant strain of highly pathogenic New Human Influenza" - caused by reassorting of human and bird flu virus together - Sinovac decided to develop inactivated vaccine with reassortant bird flu virus strain for humans by using gene reassorting techniques. The Reassortant virus strain has been prepared by the scientists in the flu network laboratory of World Health Organization (WHO). It is expected to be assigned to SINOVAC at the end of March this year. A special report on China's efforts against bird flu is available from China's Xin Hua news agency at http://news.xinhuanet.com/english/2004-02/02/content_1294593.htm . - ---------------------------------------------------------------- About Sinovac Biotech Ltd. - -------------------------- Sinovac Biotech Ltd. specializes in the research, development, commercialization, and sales of human vaccines for infectious illnesses such as Hepatitis A and Hepatitis B, influenza and "SARS." For further information please refer to the Company's filings with the SEC on EDGAR or refer to Sinovac's website at www.Sinovac.com . --------------- Contact: Graham Taylor at (888) 888 8312 or (604) 684-5990. MANAGEMENT OF SINOVAC WHO TAKE FULL RESPONSIBILITY FOR ITS CONTENTS HAS PREPARED THIS NEWS RELEASE. THIS NEWS RELEASE MAY INCLUDE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED, WITH RESPECT TO ACHIEVING CORPORATE OBJECTIVES, DEVELOPING ADDITIONAL PROJECT INTERESTS, SINOVAC'S ANALYSIS OF OPPORTUNITIES IN THE ACQUISITION AND DEVELOPMENT OF VARIOUS PROJECT INTERESTS AND CERTAIN OTHER MATTERS. THESE STATEMENTS ARE MADE UNDER THE "SAFE HARBOR" PROVISIONS OF THE UNITED STATES PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND INVOLVE RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE IN THE FORWARD-LOOKING STATEMENTS CONTAINED HEREIN. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION. -----END PRIVACY-ENHANCED MESSAGE-----