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TUSTIN, Calif., Aug. 4 /PRNewswire-FirstCall/ -- (http://www.amdl.com) AMDL, Inc. (Amex: ADL), a leading vertically integrated bio-pharmaceutical company with major operations in China and the US, announced today that industry analyst Lauren Rudd has posted a second quarter FY2008 corporate update for AMDL, Inc. The full report is available http://www.RuddReport.com and includes a 12 month target price of $23 and Buy Recommendation.
Highlighted within the report are details of AMDL's recent clearance to market by the US FDA for its DR-70(R) blood test for monitoring colorectal cancer, AMDL's FY2008 financial guidance and the Company's top strategic objectives for 2008 and 2009:
-- AMDL's market strategy and distribution plans for DR-70(R), include securing SFDA approval to allow sales and distribution throughout China;
-- The Company's marketing strategy for the MYHPV(R) human papilloma virus Chip Kit;
-- Business expansion details for Jade Pharmaceutical Inc. for FY2008 including growth via new distribution channels and JPGreen Clinics;
-- AMDL's partnership strategy for the Combination Immunogene Therapy (CIT) technology;
-- AMDL's strategic plans for licensing North American drugs for manufacture and sales in China and Asia; and,
-- The Company's goals to secure SFDA approval for new products which will enable AMDL to market and distribute those products throughout China.
This newest Rudd Report also covers a Peer Group Comparison & Valuation
Analysis along with views and opinions on AMDL's financial performance for
FY2008. Opinions to note include the valuation for DR-70(R) which
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