Article: Simcere Pharmaceutical Group to Acquire China Manufacturing License for Rosuvastatin.

Marks significant advance in Simcere's portfolio of cardiovascular drugs

NANJING, China, Nov. 9 /PRNewswire-Asia/ -- Simcere Pharmaceutical Group ("Simcere" or the "Company"), a leading pharmaceutical company specializing in the development, manufacturing, and marketing of branded generic and proprietary pharmaceuticals in China, today announced an agreement to acquire the manufacturing license in China of Rosuvastatin from Tianjin Tianda Pharmaceutical Co., Ltd. ("Tianda"). The acquisition of the manufacturing license will be effected through the acquisition of equity in Tianda as well as transfer of certain technologies from Tianda. Rosuvastatin was first ...

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