Navigation Links
American Oriental Bioengineering Reports Fourth Quarter and Full Year 2008 Financial Results
Date:3/9/2009

NEW YORK, March 9 /PRNewswire-Asia-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 fourth quarter and fiscal year ended December 31, 2008.

Financial Results

Revenue in the fourth quarter of 2008 increased 67.9% year over year to $96.3 million from $57.3 million, reflecting continued demand for the Company's core prescription and OTC pharmaceutical products. Revenue from pharmaceutical products increased 69.9% to $81.2 million from $47.8 million in the prior year's fourth quarter, driven by increased demand for the Jinji Series of products, Shuanghuanglian Injection Powder, and the Cease Enuresis Soft Gel and Patch. Prescription pharmaceutical products generated $28.5 million in revenue during the fourth quarter, up 39.8% year over year, and OTC pharmaceutical products generated $52.6 million in revenue during the fourth quarter, up 92.3% year over year. Nutraceutical products generated revenue of approximately $9.6 million in the fourth quarter of 2008, roughly flat compared to the prior year period. Revenue from nutraceutical products as a percentage of total revenue decreased to approximately 10.0% from approximately 16.6% in the fourth quarter of last year, as the Company continued to focus more on pharmaceutical product sales. The Company generated $5.5 million in distribution revenue since acquiring Nuo Hua on October 18, 2008.

Gross profit in the fourth quarter of 2008 increased 53.9% to $60.0 million from $39.0 million in the fourth quarter of 2007. Gross margin was 62.4%, compared with 68.1% in the prior year's period, reflecting low
'/>"/>

SOURCE American Oriental Bioengineering, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine news :

1. Americans United for Life: Rescinding of Conscience Protections for Healthcare Providers Outrageous
2. Obama to Allow Forcing Doctors to Do Abortions, Says the Association of American Physicians and Surgeons (AAPS)
3. Palomar Medical to Debut New Devices and a More Powerful Platform at the American Academy of Dermatology Annual Meeting
4. American Nursing Services, Inc. Expanding Eastern Presence, Opening Birmingham Office
5. North American Children are Omega-3 Deficient and may be at risk for Suboptimal Health
6. Aesthera Announces Breakthrough Innovations at 2009 American Academy of Dermatology (AAD) Meeting
7. American College of Gastroenterology Issues Updated Colorectal Cancer Guidelines
8. UPDATE: NewCardio Leadership to Present Clinical Data of Fully Automated QTinno(TM) Study at American College of Cardiology Annual Meeting
9. High blood pressure linked to earlier death among African-American breast cancer patients
10. Photos: The American Diabetes Association, Fitness Expert Kathy Smith and Beachbody(R) Join Forces to Combat Type 2 Diabetes
11. Older Americans May Lack Adequate Nutrition
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/20/2014)... 2014 Punzoné , the first line ... has a lot to celebrate this month. October marks Italian ... achievements and contributions of Americans of Italian heritage and Italians ... today it shares its favorite Italian cocktails and encourages everyone ... - even if it is only in a glass. ...
(Date:10/19/2014)... (PRWEB) October 20, 2014 Hastings and ... 30 years of service throughout the greater Phoenix area ... legal representation with regard to catastrophic automobile accidents. Statistics ... the country and throughout Arizona. As such, Hastings and ... for legal representation for those who have been injured ...
(Date:10/19/2014)... NATIONS, New York (PRWEB) October 19, 2014 ... United Nations Population Fund, welcomes news of a ceasefire ... of the more than 200 girls who were kidnapped ... "These girls have languished in captivity long enough, and ... families, schools and communities," stated Dr. Osotimehin. , "We ...
(Date:10/19/2014)... October 20, 2014 Recently, Top10BestSEOHosting.com ... announced that JustHost, GoDaddy and HostMonster are the ... VPS (Virtual Private Server) is the method of ... each of which has the appearance and capabilities ... is why the site pays close attention to ...
(Date:10/19/2014)... Charlotte, NC (PRWEB) October 19, 2014 ... muscle building program has just been released to ... throughout the online body building and fitness community. ... the attention of DietsAndFitnessGuides.com's Vin Delmonico prompting an ... the experience of hitting what is commonly known ...
Breaking Medicine News(10 mins):Health News:Celebrate Italian Heritage Month With Authentic Cocktails from Punzoné: The Only Ultra Premium Line of Organic Imported Italian Vodka 2Health News:Celebrate Italian Heritage Month With Authentic Cocktails from Punzoné: The Only Ultra Premium Line of Organic Imported Italian Vodka 3Health News:Celebrate Italian Heritage Month With Authentic Cocktails from Punzoné: The Only Ultra Premium Line of Organic Imported Italian Vodka 4Health News:Hastings And Hastings Reports Record Demand In 2014 For Legal Representation With Regard To Catastrophic Automobile Accidents 2Health News:Hastings And Hastings Reports Record Demand In 2014 For Legal Representation With Regard To Catastrophic Automobile Accidents 3Health News:The Best VPS Hosting Suppliers In The Market Unveiled By Top10BestSEOHosting.com 2Health News:Visual Impact Frequency Training Review: Rusty Moore's Latest Fitness Guide Released 2
... , ... will be Offered Initially to the Academic and Research Communities , ... (PRWEB) -- Ziosoft®, Inc. a leader ... basic 2D/3D software free to the academic and research communities. The Windows®-based software ...
... ... in providing proven, non-surgical relief to millions of sufferers. , ... Dallas, TX (PRWEB) November 24, 2009 -- ... Shoulder Syndrome Diagnosis & Treatment seminar dates today. The three-day training seminars begin ...
... , SAN DIEGO, Nov. 24 US Farms, Inc., (Pink ... products is pleased to announce it has received formal certification ... Juice product. , Yan Skwara, CEO of ... that we have completed the certification process with the American ...
... , , 2009 ... New Transfer Agent, MEDICA 2009 , WESTON, Fla., Nov. 24 ... pleased to make available a current corporate update. , Since filing ... diligent in accomplishing additional goals, which are all part of a ...
... , , BATTLE CREEK, Mich., Nov. 24 ... and CEO of the W.K. Kellogg Foundation: , The W.K. ... need to comprehensively and substantially strengthen oral health care for ... of health reform represents a high water mark for oral ...
... behind reasoning that testing less is OK , TUESDAY, Nov. ... been upended in the past two weeks. , Not only ... the age at which it recommends women get their first ... Obstetrics and Gynecologists (ACOG) decided that adolescents should be spared ...
Cached Medicine News:Health News:Ziosoft Releases Free zioTerm Basic 2D/3D Software Application 2Health News:OTZ Announces 2010 Frozen Shoulder Syndrome Seminar Schedule 2Health News:OTZ Announces 2010 Frozen Shoulder Syndrome Seminar Schedule 3Health News:US Farms, Inc. Receives American Vegetarian Association Certification Approval for Aloe365(TM) Juice Product 2Health News:American Scientific Resources Inc. Issues Corporate Update 2Health News:American Scientific Resources Inc. Issues Corporate Update 3Health News:Statement of Support: Strengthening Oral Health Care is Key Part of Health Reform 2Health News:Recent Cancer Screening Changes Leave Many Confused 2Health News:Recent Cancer Screening Changes Leave Many Confused 3Health News:Recent Cancer Screening Changes Leave Many Confused 4
(Date:10/19/2014)... Oct. 20, 2014 CTI BioPharma Corp. (CTI) ... report its third quarter 2014 financial results on Wednesday, ... financial markets. Following the announcement, members of the management ... the results and provide a general corporate update at ... event can be obtained as follows: Wednesday, ...
(Date:10/17/2014)... N.C. , Oct. 17, 2014 ... the Medical Affairs function has come across several ... resources efficiently and managing globalization.  ... Practices, LLC is dedicated to providing benchmarking and ... Medical Affairs Consortium is a service composed of ...
(Date:10/17/2014)... UBM Medica US announces that Neurology Times ... for neurologists and other healthcare providers, features special coverage on ... discussions of the latest developments in approaches to diagnosis. ... , more than the total of those who have multiple ... can be difficult because there are no confirmatory medical tests. ...
Breaking Medicine Technology:CTI BioPharma to Report Third Quarter 2014 Financial Results on October 29, 2014 2Early Key Findings from the Medical Affairs Consortium Research 2Neurology Times Features Coverage of Parkinson and Alzheimer Disease 2Neurology Times Features Coverage of Parkinson and Alzheimer Disease 3
... 14, 2011 mBeach Software Inc. ("MBHS") (MBHS.PK), the ... today that on Dec. 13, 2011 it entered into ... of IRIS Marketing Ltd., an Israeli company, that has ... facto merger of IRIS Marketing with mBeach, when concluded, ...
... Consumer Healthcare Products Association (CHPA) President and CEO Scott ... the 2011 National Institute on Drug Abuse,s (NIDA,s) Monitoring ... medicine abuse among twelfth graders has decreased by 1.2 ... tenth graders remained stable, at 2.7 and 5.5 percent ...
Cached Medicine Technology:mBeach Software Inc. to Acquire a Controlling Interest in IRIS Marketing Ltd. 2Statement from the Consumer Healthcare Products Association (CHPA) on Annual Monitoring the Future Survey on Drug Abuse 2
... Limited Wrist Fusion Plate was ... and a straightforward technique. As ... corner and other limited wrist ... kind of innovations upon which ...
... of the Acutrak family are the Standard ... they are used primarily for secure fixation ... extremity, but have been used for numerous ... with these two systems have ranged from ...
... the last decade KMI® revolutionized the wrist ... Universal Total Wrist System. We're at it ... generation product, the Universal2. Like the original, ... way patients live with debilitating arthritis. To ...
A straight suture punch with 2.5 mm needle and 2/0 to #1 monofilament suture....
Medicine Products: