Navigation Links
American Oriental Bioengineering Reports Third Quarter 2008 Financial Results
Date:11/10/2008

-- Revenue Increased 62% to $70.6 Million in 3Q08 --

-- 3Q08 Net Income Increased 38% to $16.5 Million --

-- 3Q08 Diluted EPS $0.21 versus 3Q07 Diluted EPS $0.16 --

NEW YORK, Nov. 10 /Xinhua-PRNewswire-FirstCall/ -- American Oriental Bioengineering, Inc. (NYSE: AOB), a pharmaceutical company dedicated to improving health through the development, manufacture and commercialization of a broad range of prescription and over the counter ("OTC") products in China, today announced financial results for the quarter ended September 30, 2008.

Financial Results

Revenue in the third quarter of 2008 increased 62% year over year to $70.6 million from $43.5 million, reflecting a continued increase in demand for the Company's OTC and prescription pharmaceutical products. Revenue from pharmaceutical products increased 75% to $62.1 million from $35.5 million in the third quarter of 2007. Revenue from OTC pharmaceutical products increased 91% to $37.8 million from $19.8 million in the prior year's third quarter, reflecting continued recognition of the Company's new products supported by effective marketing campaigns. Sales generated by CCXA and Boke, which were not subsidiaries in the third quarter of 2007, were major contributors to the increase in OTC sales and generated a combined $17.1 million of revenue during the third quarter of 2008. Strong sales of the Jinji series and Jinji Yimucao products also contributed to the increase in OTC revenue during the third quarter of 2008. Prescription pharmaceutical products generated $24.3 million in revenue during the third quarter of 2008, a 55% year over year increase. Prescription pharmaceutical sales increasingly reflect contributions from the Company's div
'/>"/>

SOURCE American Oriental Bioengineering Inc.
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7 8

Related biology technology :

1. Vicus Therapeutics to Present at the 234th American Chemical Society National Meeting in Boston, MA
2. SportCoatings; The North American Booster Club Association (NABCA); the Coatings Specialist Group New Booster Program Goes High Tech With Invisible Antimicrobial Defense
3. American Stock Exchange Lists The Common Stock Of Neuralstem, Inc.
4. American Oriental Bioengineering Announces Participation in September Investor Conferences
5. Nektar Presents Positive Results from Phase 1 Clinical Trial of NKTR-118 (oral PEG-naloxol) at American College of Clinical Pharmacology Meeting
6. Rosetta Genomics to Present at the American Association of Cancer Research (AACR) "Molecular Diagnostics in Cancer Therapeutic Development" Conference
7. Tips from the Journals of the American Society for Microbiology
8. Trubion Pharmaceuticals Announces Upcoming Presentations at American College of Rheumatology Annual Scientific Meeting
9. Americas Heartland Launches Third Season Highlighting Contributions of American Farmers and Ranchers
10. American and European Parkinsons Sufferers Find Chinese Stem Cell Treatment Effective, Proving Western Debates Moot
11. AUDIO from Medialink and Pfizer: Hispanic Heritage Month Reminds Us Increasing Numbers of Hispanic-Americans Do Not Have Health Insurance
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/22/2013)... Mold remediation could take a toll on one's ... way to cut down the process' expense. And so, to ... details of a method how to kill mold ... prevented, My Cleaning Products said. But in case mold gets ... remediation must then be promptly implemented as it poses several ...
(Date:5/22/2013)... 22, 2013 Alton Housing Authority was hit ... 2013 said that their presence has already caused the ... sufferers avoid such big spending, My Cleaning Products shared a ... It was said in the report that to clear the ... Apart from that, its employees also attended a mandatory training ...
(Date:5/22/2013)... A recent study from researchers in Tasmania ... that those who took probiotics were able to run for ... showed that in extreme heat conditions, probiotics were able to ... acne treatment explains what this new discovery means for ... skin condition. , While researchers tote the benefits of ...
(Date:5/22/2013)... May 22, 2013  Moderna Therapeutics, the pioneering company ... to enable the in vivo production of ... will join Moderna in early July as ... is a proven leader in the design and implementation ... from discovery to translation, clinical operations and commercial preparedness. ...
Breaking Biology Technology:How to Kill Mold While Saving Thousands of Dollars on Mold Remediation Projects Explained by My Cleaning Products 2Bed Bugs Cost Alton Housing Authority $35,000; New Help, How to Kill Bed Bugs With Less Expense, Introduced by My Cleaning Products 2Adult Acne Treatment, Probiotic Action Shares Insight on New Findings Between Probiotics and Heat Tolerance, and What It Means for Acne Sufferers 2Industry Leader John Reynders Joins Moderna Therapeutics as Chief Information Officer 2Industry Leader John Reynders Joins Moderna Therapeutics as Chief Information Officer 3
... Ohio — Midwest health care start-ups continued to ... 21 percent more investment dollars than in the second ... according to the Midwest Health Care Venture Investment Report ... where venture capital firms are all towards the end ...
... Governor and U.S. Department of Health and Human Services Secretary ... on Information Technology at its annual conference next May. ... Health Solutions , will speak during a panel on "Healthcare ... the other main topics will be Privacy and Security and ...
... 1. Bootstrapping ensures that you build your business ... youre forced to deal with customers and to fulfill ... lot of external funding, on the other hand, you ... actual business just because youre paying salaries and rent. ...
Cached Biology Technology:Greg Gianfortes Bootstrapping Principles 2Greg Gianfortes Bootstrapping Principles 3
(Date:5/22/2013)... 2013)The omega 3 fatty acids in fish oil have ... so that the American Heart Association currently recommends eating ... fatty varieties rich in omega 3s. However, the mechanism ... a new study, scientists led by Jason R. Carter ... by providing evidence that fish oil might specifically counteract ...
(Date:5/22/2013)... environmental and human health effects from disposal of ... led scientists to recommend stronger government policies to ... battery materials. That,s the conclusion of a new ... & Technology . , Oladele A. Ogunseitan and ... mainstays for powering everything from smart phones to ...
(Date:5/22/2013)... The feared Legionella pneumophila bacteria is responsible ... pneumonia. In order to infect us, this pathogen has ... and go unnoticed in our cells, thus avoiding these ... the Basque biosciences research centre, CIC bioGUNE, in which ... the USA and the National Supercomputation Centre in Barcelona ...
Breaking Biology News(10 mins):Fish oil may help the heart beat mental stress 2Mechanism discovered which aids Legionella to camouflage itself in the organism 2
... research aircraft Polar 5 belongs to the Alfred Wegener ... 10 o,clock from the regional airport Bremerhaven on an ... Measurements of sea ice thickness and atmospheric variables in ... are at the centre of the project PAM-ARCMIP (Pan-Arctic ...
... has shown that crabs not only suffer pain but that ... looked at the reactions of hermit crabs to small electric ... Appel from the School of Biological Sciences at Queen,s and ... Professor Elwood, who previously carried out a study showing ...
... Researchers have unveiled the evolutionary origin of ... of Agrobacterium. A comprehensive comparison of the Agrobacterium ... bacteria suggests a general model for how second ... members of the Rhizobiaceae family, which also includes ...
Cached Biology News:Research plane Polar 5 on Arctic campaign 2Crabs' memory of pain confirmed by Queen's academic 2Evolutionary origin of bacterial chromosomes revealed 2
Antibodies were affinity purified using epitopes specific to UBAP2L/NICE4 immobilized on solid support....
...
IHC detection kit for BrdU in cells and tissues...
The Hybrid Hunter Yeast Two-Hybrid System uses the activation of reporter genes to indicate positive protein-protein interactions. Two reporters are used an auxotrophic marker and lacZ....
Biology Products: