Article: Sinovac Biotech Ltd., and LG Life Sciences, Ltd. Announce Distribution Agreement to Market Vaccines in the Peoples Republic of China.

BEIJING and SEOUL, Korea, March 13 /Xinhua-PRNewswire/ -- Sinovac Biotech Ltd. ("Sinovac") and LG Life Sciences, Ltd. (''LGLS''), the leading pharmaceutical company in South Korea, today announced that Sinovac and LGLS entered into an distribution agreement on February 28, 2006 in which Sinovac will act as LGLS's exclusive distributor for its hepatitis B vaccine in the Peoples Republic of China (PRC).

''Signing this agreement is the beginning of Sinovac's international cooperation with vaccine suppliers. After long, careful analysis, we are very pleased to begin this strategic relationship with LG Life Sciences,'' said Mr. Yin Weidong, CEO of Sinovac. Sinovac ...

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