3SBio Acquires Sirton Pharmaceuticals SpA

2015-01-26 11:13 2309

SHENYANG, China and VILLA GUARDIA, Italy, January 26, 2015 /PRNewswire/-- 3SBio Inc., "3SBio", a leading China-based biotechnology company focused on researching, developing, manufacturing and marketing biopharmaceutical products, today announced that on December 31, 2014, 3SBio acquired the entire share capital of Sirton Pharmaceuticals SpA ("Sirton") from First Shanghai Limited.

"Expanding 3SBio's footprint in key developed markets is a core strategic objective for 3SBio," commented Dr. Jing Lou, Chairman and Chief Executive Office of 3SBio Inc. He continued, "With a team of experienced professionals and a client base of leading pharmaceutical companies, Sirton provides 3SBio with a solid base to manufacture, develop and market pharmaceutical products in Europe. We look forward to working with Sirton's management team and clients to provide safe, affordable and innovative medicines to patients across Europe."

Mr. Giorgio Biella, Managing Director of Sirton, added, "My colleagues and I look forward to working with the team from 3SBio as we pursue our common goal of manufacturing high-quality medicines for international markets." He continued, "3SBio's proven R&D capabilities, global business development strategies, and strong financial position will complement Sirton's existing client relationships and manufacturing experience in Europe."

About Sirton Pharmaceuticals SpA

Sirton Pharmaceuticals SpA ("Sirton") is a pharmaceutical contract manufacturing company located in Villa Guardia, near Cuomo, Italy. Sirton produces injectable pharma products, including pre-filled syringes, liquid vials, freeze-dried vials and ampoules, and pharmaceutical development services including lyophilization process development, analytical method development and validation, stability studies and manufacturing of clinical study materials. Sirton's customers are leading international pharmaceutical companies, including Mylan, Sandoz, Sanofi Avenis France, Crinos and UCB Pharma. Sirton also develops and produces generic pharmaceutical products including zoledronic acid, through Ingenerics S.r.l, a joint venture with Tripharma S.p.A.

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About 3SBio Inc.

3SBio is a fully integrated, profitable biotechnology company focused on researching, developing, manufacturing and marketing biopharmaceutical products primarily in China. Since its founding in 1993, 3SBio's R&D efforts have resulted in four NDAs for biological medicines, including TPIAO, the first rhTPO approved worldwide.

Pipeline candidates include Uricase PEG-20, a modified pegylated recombinant uricase from Candida utilis for the treatment of refractory gout and tumor lysis syndrome which has completed US Phase 1 trials; NuPIAO, a long-acting erythropoiesis-stimulating agent (ESA) for anemia associated with renal failure or chemotherapy and peri-operative blood cell mobilization which has received China FDA's approval to initiate clinical trials; SSS07, an anti-TNF monoclonal antibody for treating rheumatoid arthritis, psoriasis, and potentially other inflammatory diseases; Leukotuximab/SSS19, an anti-CD43/JL-1 monoclonal antibody for treating acute leukemia; and Tanibirumab/SSS23, a anti-VEGFR2 monoclonal antibody for treating solid tumor.

A new state-of-the-art mammalian biological manufacturing facility in Shenyang is the first and only rhEPO facility in China that conforms to both Chinese and European pharmacopeia standards. Planning is underway to develop monoclonal antibody manufacturing capabilities.

3SBio is China's leading specialist in nephrology and oncology supportive care with more than 600 sales professionals covering over 3,000 hospitals in key cities supported by a nationwide network of 120 distributors and logistics providers. EPIAO has been the top selling rhEPO product in China since 2002 with a market share over 40%.

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3SBio Contact Information

Tan Bo

Jiang Fei, PhD

Tom Folinsbee

Donald Wyatt

Chief Financial Officer

Director, Business Development

Director, Corporate Development

VP, Business Development & Alliance Management

3SBio Inc.

3SBio Inc.

3SBio Inc.

3SBio Inc.

B-13, Grand Place 5 Huizhong Road, Chaoyang District, Beijing, China 100101

Shenxin Building 801-802, 200 Ninghai Dong Rd, Huangpu District, Shanghai, China 200021

Unit 402 Fairmont House, No.8 Cotton Tree Drive, Admiralty Hong Kong

No. 3 A1, Road 10, Shenyang Economy & Technology Development Zone, Shenyang, China 110027

Tel: +86 10 8489 2211

Tel: +86 186 4022 0510

Tel: +852 8191 6991

US Tel: +1 425 516 7491

Fax: +86 10 8489 2951

Fax: +86 21 6374 4922

Fax: +852 3007 9376

China Tel: +86 138 1816 5538





Sirton Pharmaceuticals SpA Contact Information

Giorgio Biella

Managing Director

Piazza XX Settembre, 2

22079 Villa Guardia

Como -- Italy

Tel: +39 031 385343

Fax: +39 031 385329


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Source: 3SBio Inc.