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Kiwa Bio-Tech 2nd Quarter Revenues Increase 61.7% to $3 Million, Six Month Revenues Top $5.2 Million
Date:8/11/2008
chnology of
Agriculture Co., Ltd. and other distributors. Delivery of products
under these contracts will be carried out from August 2008 through
March 2009.
-- Also in July, Kiwa Shandong received an Organic Products Certificate
from the China Organic Food Certification Center the specialized agency
under the Chinese Ministry of Agriculture to propel the development of
organic agriculture and to be engaged in authentication and management
of organic food and the organic food industry. Kiwa Shandong is the
second fertilizer manufacturing enterprise in Shandong Province of
China, that has acquired Organic Products Certification.
-- Kiwa entered into a joint venture with Hebei Huaxing Pharmaceuticals
Co., Ltd to produce Kiwa's AF-01 anti-viral preventative for avian flu
in May. The new firm, Hebei Kiwa Huaxing Bio-Pharmaceuticals Co., Ltd.,
will be 70% owned by Kiwa. Kiwa will now be able to aggressively pursue
commercial development of AF-01 and veterinary pharmaceuticals as the
third segment of its business. In May 2006 Kiwa, acquired AF-01 Anti-
viral Aerosol technology for veterinary medicine applications including
the exclusive production right and other related rights to produce an
anti-viral aerosol drug for use with animals from Jinan Kelongboao Bio-
Tech Co., Ltd., which is affiliated with Chinese Academy of Medical
Sciences. The AF-01 aerosol technology is a broad-spectrum anti-viral
agent with potent inhibitory and/or viricidal effects on a variety of
RNA viruses found in animals and fowls such as bird flu. Kiwa's hope is
to develop a commercialized product in the form of a spray for applying
in fowl houses and other animal holding facilities to prevent and cure
virus-caused diseases, for example, avian flu and foot-and-mouth
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| SOURCE Kiwa Bio-Tech Products Group Corporation Copyright©2008 PR Newswire. All rights reserved |
Related biology technology :
1. Kiwa Bio-Tech Receives Nationally Recognized Organic Products Certification
2. Kiwa Bio-Tech Signs RMB 150 Million (US$21+ million) Fertilizer Contract
3. Kiwa Bio-Tech Receives Authorization From the Ministry of Commerce of the Peoples Republic of China to Wholesale Other Fertilizer Manufacturers Products
4. Kiwa Bio-Tech Joint Venture to Produce Preventative for Avian Flu
5. Kiwa Bio-Tech in Collaboration Discussions with Beijing Hai Xin Science and Technology Co., Ltd.
6. Kiwa Bio-Tech Passes Test & Taking Orders From Beijing Lv Fu Long Vegetable Company
7. Kiwa Bio-Tech Confirms Joint Venture Agreement With Shijiazhuang Huaxing Animal Medicine Co., Ltd.
8. Kiwa Bio-Tech 1st Quarter Revenues Increase 57.8% - $2.18 Million
9. Kiwa Bio-Tech Year-End Revenues Increase 264% - Exceed $9.1 Million
10. Kiwa Bio-Tech New Bio-Fertilizer Product Granted Initial Fertilizer Registration Certificate By Ministry of Agriculture of the PRC
11. Kiwa Bio-Tech Products Group Discusses Cooperative Research With the University of Waterloo, Canada
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