SHENYANG, China, Feb. 9 /PRNewswire-Asia-FirstCall/ -- 3SBio Inc.
(Nasdaq: SSRX), a leading biotechnology company focused on researching,
developing, manufacturing and marketing biopharmaceutical products primarily
in China, today announced that it has appointed Mr. Bo Tan as Chief Financial
Officer, effective February 1, 2009. Since joining 3SBio in October 2008, Mr.
Tan has been acting as the financial advisor for the company, providing advice
on the company's capital market initiatives and overseeing the company's
treasury functions.
Dr. Jing Lou, Chief Executive Officer of 3SBio, commented, 'I am delighted
to name Bo as our CFO, given both his recent contributions to 3SBio as
financial advisor and the broad wealth of experience he brings, as reflected
by his previous roles in the financial services industry and pharmaceutical
industry. I strongly believe that his skills and experience will further
benefit our company during an important time of our development.'
Mr. Tan, 36, has extensive experience within the financial and
pharmaceutical industries, having worked across private equity, equity
research and commercial practice. Previously, he has served as the Executive
Director and a member of Investment Committee for Bohai Industrial Fund
Management Company, a private equity fund in China. Earlier in his career, he
spent six years in the pharmaceutical industry with Eli Lilly & Company and
EMD Pharmaceuticals, Inc in North America and went on to serve as a China
healthcare and consumer analyst at Lehman Brothers Asia and Macquarie
Securities in Hong Kong.
'I am honored to be appointed as the CFO of 3SBio and I look forward to
continuing to work closely with Dr. Lou and my other colleagues,' remarked Mr.
Tan. 'Our company is in the middle of a critical and exciting stage of
development, and I believe that my experiences will be able to contribute to
what is an already strong management team.'
Mr. Tan received his MBA degree from Thunderbird School of International
Management, an MA degree in economics from the University of Connecticut and a
BA degree in economics from Renmin University of China. Mr. Tan is also a CFA
(Chartered Financial Analyst).
About 3SBio Inc.
3SBio Inc. is a leading, fully integrated biotechnology company focused on
researching, developing, manufacturing and marketing biopharmaceutical
products, primarily in China. For more information, please visit 3SBio on the
web at: http://www.3sbio.com .
For more information, please contact:
Bo Tan, CFO
3SBio Inc.
Tel: +86-24-2581-1820
Investor Relations (China):
Peter Schmidt
FD Asia
Tel: +86-10-8591-1953
Investor Relations (US):
Evan Smith or John Capodanno
FD US
Tel: +1-212-850-5600
SOURCE 3SBio Inc.