simcere pharmaceutical-adr
(SCR:New York)
simcere pharmaceutical-adr (SCR) Snapshot
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Open
$9.39
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Previous Close
$9.49
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Day High
$9.49
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Day Low
$9.35
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52 Week High
03/12/13 - $9.59
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52 Week Low
01/25/13 - $7.25
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Market Cap
501.2M
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Average Volume 10 Days
13.8K
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EPS TTM
$2.28
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Shares Outstanding
52.9M
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EX-Date
--
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P/E TM
25.5x
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Dividend
--
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Dividend Yield
--
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Related News
simcere pharmaceutical-adr (SCR) Related Businessweek News
No Related Businessweek News Foundsimcere pharmaceutical-adr (SCR) Details
Simcere Pharmaceutical Group engages in the research, development, manufacture, and distribution of pharmaceutical and vaccine products for pharmaceutical distributors and government in the People’s Republic of China. Its principal branded generic pharmaceuticals include Bicun, a prescription edaravone injection pharmaceutical for the treatment of strokes; Zailin, a line of generic prescription amoxicillin antibiotics; Yingtaiqing, an anti-inflammatory pain reliever and analgesic drug used to treat rheumatoid arthritis and osteoarthritis; Yidasheng, a prescription edaravone injection pharmaceutical for the treatment of strokes; and Sinofuan for the treatment of cancer. The company also offers generic anti-diarrhea pharmaceutical products under the Biqi brand; amoxicillin and clavulanate potassium tablets, granules, and injection for the treatment of infections under the Anqi brand name; cefaclor in dry suspension antibiotics for the treatment of infections under the Zaike brand; herbal medicines for the treatment of coughs under the Simcere Kechuanning name; Jiebaishu, which is primarily used for the treatment of head and neck cancers, small cell lung carcinoma, non-small-cell lung carcinoma, esophageal cancer, and other solid tumors; and biapenem for the treatment of severe infections under the Anxin brand. In addition, it primarily develops bendamusting hydrochloride for injection, which is under the Phase III clinical study for the treatment of chronic lymphocytic leukemias and indolent B cell non-Hodgkin’s lymphoma; and other product candidates, which are in the various stages of development. The company has strategic partnership and co-operation agreements with OSI Pharmaceuticals, Inc.; Bristol-Myers Squibb; and Merck & Co., Inc. Simcere Pharmaceutical Group was founded in 1995 and is headquartered in Nanjing, the People’s Republic of China.
simcere pharmaceutical-adr (SCR) Key Developments
Bristol-Myers Squibb Company and Simcere Pharmaceutical Group announced that the companies have expanded their strategic relationship formed in 2010. The companies have agreed to collaborate in China on the development and commercialization of the subcutaneous (SC) formulation of Bristol-Myers Squibb's biologic medicine, Orencia(R) (abatacept), for the treatment of rheumatoid arthritis. Orencia SC is already on the market for the treatment of rheumatoid arthritis in the U.S., Europe and Japan. Under the terms of the agreement, Simcere will perform and fund all development and regulatory activities required to obtain market approval for Orencia SC in China, based on a pre-agreed development plan. The companies will share responsibility for commercializing Orencia, and will share profits and losses related to Orencia SC in China. Financial terms were not disclosed.
Simcere Pharmaceutical Group announced the resignation of Dr. Peng Wang, Chief Scientific Officer of the company, effective from May 29, 2013. Dr. Wang resigned for personal reasons. His resignation has been approved by the company.
Simcere Pharmaceutical Group. Presents at Fifth Annual ChinaBio(R) Partnering Forum 2013, May-30-2013 02:30 PM. Venue: Shangri-La Hotel, 29 Zizhuyuan Road, Beijing 100089, China.

| Recently Viewed | |||
| SCR:US | $9.48 USD | -0.01 | |
| Company | Last | Change | |
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Industry Analysis
SCR
Industry Average
| Valuation | SCR | Industry Range |
| Price/Earnings | 54.0x |
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| Price/Sales | 1.5x |
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| Price/Book | 1.5x |
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| Price/Cash Flow | 51.9x |
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| TEV/Sales | 0.9x |
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To contact SIMCERE PHARMACEUTICAL-ADR, please visit www.simcere.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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