Navigation Links
Rudd Report Highlights AMDL, Inc.'s Latest Business Achievements; Supports 2008 Financial Guidance

TUSTIN, Calif., Aug. 4 /PRNewswire-FirstCall/ -- ( 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 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 Mr. Rudd expects to reach approximately $4 million in gross profits during the second half of FY2008 with approximately $3 million in net profits and $0.20 per share in FY2008; and, comments approximating AMDL's net earnings to reach $15.2 million or about $1.01 per share.

According to Mr. Rudd, "AMDL has inherent potential to dramatically increase revenues and profitability in both the United States and China and we believe the Company is one of the most under priced stocks that we've seen in a long time."

The report does not explicitly review AMDL's second quarter 2008 results and the purpose of the interim report is to highlight key business successes that should have already impacted AMDL's share price. A follow-up report will be published once AMDL announced Q2 2008 earnings.

About AMDL: Headquartered in Tustin, CA along with its subsidiary Jade Pharmaceutical Inc. (JPI) with operations in Shenzhen, Jiangxi, and Jilin, China, AMDL, Inc., is a vertically integrated bio-pharmaceutical company devoted to the research, development, manufacturing, and marketing of diagnostic, pharmaceutical, nutritional supplement, and cosmetic products. The company employs approximately 320 people in the U.S. and China. The Company has an additional 4 pharmaceutical and diagnostic products under review by various regulatory authorities.

AMDL Contact:

Kristine Szarkowitz

Director-Investor Relations

(M) (206) 310-5323

(O) (206) 201-3286

Copyright©2008 PR Newswire.
All rights reserved

Related biology technology :

1. Neurobiological Technologies Reports Receipt of $2.1 Million Royalty Payment for Quarterly Sales of Memantine
2. InterMune Reports Second Quarter 2008 Financial Results and Business Highlights
3. CV Therapeutics Reports 2008 Second Quarter Financial Results
4. Gentiva Reports Strong Second Quarter led by Home Health Segment
5. United Therapeutics Reports Second Quarter 2008 Financial Results
6. The Quigley Corporation Reports Second Quarter 2008 Results: Continues Investment in Pharmaceutical R&D Future
7. Neurocrine Biosciences Reports Second Quarter 2008 Results
8. Anadys Pharmaceuticals Reports Second Quarter 2008 Financial Results and Highlights
9. Champions Biotechnology Reports Fiscal 2008 Full-Year Financial Results
10. Arena Pharmaceuticals to Report Second Quarter 2008 Financial Results and to Host Conference Call and Webcast on Tuesday, August 5, 2008
11. Idenix Pharmaceuticals Reports Second Quarter and Six Month Financial Results
Post Your Comments:
(Date:12/1/2015)... ... December 01, 2015 , ... ... SICM Module, an add-on scanning ion conductance microscopy module to Park NX10 that ... an AFM. , Park SICM benefits virtually all materials characterization that require measurements ...
(Date:12/1/2015)... (PRWEB) , ... December 01, 2015 , ... ... provider, announces that its best selling system laboratory animal colony management software solution, ... today, without investing in on-site IT resources., , Many ...
(Date:12/1/2015)... , ... December 01, 2015 ... ... leading relationship marketing company specializing in scientifically backed, age-defying products, is featured ... issue, which highlights the exponential success and unrivaled opportunities that Nerium provides. ...
(Date:12/1/2015)... SAN FRANCISCO , Dec. 1, 2015  Symic, ... and affect the extracellular matrix (ECM), today announced that ... financing to advance the company,s pipeline, including its lead ... Lilly Ventures and includes the participation by all existing ... new funding brings the total capital raised by Symic ...
Breaking Biology Technology:
(Date:12/1/2015)... SAN JOSE, Calif. , Dec. 1, 2015 /PRNewswire/ ... developer of human interface solutions, today announced a new ... to enable OEMs with real-world test and development environments ... Nok Labs solutions. The partnership reduces the complexity of ... servers and software permits Synaptics and OEMs to verify ...
(Date:11/30/2015)... 2015  BIOCLAIM announced today that is has ... Innovation Awards:  Healthcare Edition, an awards program from ... FierceHealthcare , and FierceMobileHealthcare ... the category of "Privacy and Cybersecurity." ... --> Photo - ...
(Date:11/26/2015)... Research and Markets ( ) has announced the ... and Patent Infringement Risk Analysis" report to their ... Fingerprint sensors using capacitive technology represent a fast ... Idex forecasts an increase of 360% of the number ... the fingerprint sensor market between 2014 and 2017 (source ...
Breaking Biology News(10 mins):