Sinovac Biotech Ltd. said Tuesday the Chinese government is ordering another million doses of its Panflu.1 swine flu vaccine.
Sinovac said it expects to deliver the order in early 2010. The company said the Ministry of Industry and Information Technology has ordered 12.49 million doses of Panflu.1 in four separate orders. So far, the company has delivered 7.56 million doses.
In afternoon trading, Sinovac stock picked up 7 cents to $7.47.