June 19, 2013 9:56 AM ET

Biotechnology

Company Overview of 3SBio Inc.

Company Overview

3SBio Inc., a biotechnology company, engages in the research and development, manufacture, and marketing of bio-pharmaceutical products. Its principal products include EPIAO, an injectable recombinant human erythropoietin to stimulate the production of red blood cells in patients with anemia and to reduce the need for blood transfusions; and TPIAO, a recombinant human thrombopoietin to treat chemotherapy-induced thrombocytopenia. The company also markets Intefen, a recombinant interferon alpha-2a product to treat carcinoma and viral infectious diseases; Inleusin, a recombinant human interleukin-2 product to treat renal cell carcinoma, metastatic melanoma, and thoratic fluid build-up caused b...

Detailed Description

No. 3 A1, Road 10

Shenyang Economy & Technology Development Zone

Shenyang,  110027

China

Founded in 1993

891 Employees

Phone:

86 24 2581 1820

Fax:

86 24 2581 1821

www.3sbio.com

Key Executives for 3SBio Inc.

Co-Founder
Age: 49
Co Founder and Advisor
Age: 76
Chief Financial Officer
Age: 39
Chief Technology Officer
Age: 42
Vice President and Corporate Secretary
Age: 44
Compensation as of Fiscal Year 2012.

3SBio Inc. Key Developments

3SBio Inc.(NasdaqGM:SSRX) dropped from NASDAQ Composite Index

3SBio Inc. will be removed from NASDAQ Composite Index.

3SBio Inc. Presents at Fifth Annual ChinaBio(R) Partnering Forum 2013, May-29-2013

3SBio Inc. Presents at Fifth Annual ChinaBio(R) Partnering Forum 2013, May-29-2013 . Venue: Shangri-La Hotel, 29 Zizhuyuan Road, Beijing 100089, China.

3SBio Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2012

3SBio Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter the company reported, total net revenues were RMB 163,950,000 against RMB 139,882,000 for the same period a year ago. This increase was largely due to continued strong sales of EPIAO and TPIAO which grew by 6.9% and 30.8%, respectively, over the same period in 2011. Operating income was RMB 11,498,000 against RMB 26,085,000 for the same period a year ago. Income before income tax expense was RMB 22,237,000 against RMB 28,396,000 for the same period a year ago. Net income attributable to 3SBio Inc. was RMB 17,107,000 or RMB 0.11 diluted per share against RMB 22,342,000 or RMB 0.14 diluted per share for the same period a year ago. Net income attributable to 3SBio Inc. diluted per ADS was RMB 0.75 against RMB 0.99 for the same period a year ago. For the year the company reported, total net revenues of RMB 669,948,000 against RMB 541,614,000 for the same period a year ago. The increase was largely due to continued strong sales of EPIAO and TPIAO, underpinned by continued strong demand in the oncology and nephrology markets. Operating income was RMB 128,821,000 against RMB 121,646,000 for the same period a year ago. Income before income tax expense was RMB 132,453,000 against RMB 136,370,000 for the same period a year ago. Net income attributable to 3SBio Inc. was RMB 102,354,000 or RMB 0.64 diluted per share against RMB 108,573,000 or RMB 0.69 diluted per share for the same period a year ago. Net income attributable to 3SBio Inc. diluted per ADS was RMB 4.51 against RMB 4.84 for the same period a year ago. Non-GAAP net income attributable to 3SBio Inc. was RMB 122,781,000 against RMB 108,573,000 for the same period a year ago. Non-GAAP net income attributable to 3SBio Inc. per ADS on a fully-diluted basis increased to RMB 5.41 against RMB 4.84 for the same period a year ago.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 12, 2012
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