No need to worry about SVA pe 37
A post on global gains message board asked about SVA pe at 37.
You don't have to worry about the lagging PE of 37
SVA will be delivery by the end of Sept. about 5 Million Doses to Chinese Government. We should be getting news of the delivery any day.
Sinovac Obtains Lot Release Certificate for Its First Batch of H1N1 Vaccine
* Press Release
* Source: Sinovac Biotech Ltd.
* On Tuesday September 8, 2009, 9:00 am EDT
Sinovac Biotech Ltd.
BEIJING, Sept. 8 /PRNewswire-Asia/ -- Sinovac Biotech Ltd. (NYSE Amex: SVA), a leading provider of vaccines in China, today announced that the first lot of PANFLU.1, its H1N1 vaccine, has passed the lot release process of China's National Institute for the Control of Pharmaceutical and Biological Products and obtained the Certificate for the Release of Biological Products, which means the released vaccines are ready for delivery.
The released vaccine will be supplied to the Beijing CDC and China's central government. Sinovac has previously announced an order of five million doses with the minimum purchase quantity of two million doses from the Beijing CDC and 3.3 million doses from the central government, all of which is to be delivered by the end of September.
Mr. Weidong Yin, Chairman, President and CEO, commented, "We are proud to be at the forefront of the fight against the H1N1 virus. With these shipments, we can, along with the government and our fellow companies, begin the fight in earnest to control the spread of H1N1."