Glass Lewis Recommends 3SBio Shareholders Vote against Management Buyout Proposal

OrbiMed Advisors LLC (“OrbiMed”) today announced that Glass Lewis & Co., a leading provider of corporate governance services to institutional shareholders, has recommended that shareholders of 3SBio (NASDAQ: SSRX ) vote AGAINST the company's going-private acquisition by a consortium of buyers that includes the company's Chairman and CEO and other senior executives. In its