Navigation Links
China Bio-Immunity Corporation Completes Share Exchange and Reverse Merger
Date:8/6/2008

iod ended March 31, 2008.

In the first quarter of 2008, the Company generated revenue of $6.3 million, representing an increase of 506% from $1.0 million in the first quarter of 2007. Net income increased 961% to $2.2 million in the first quarter of 2008, from $0.2 million in the first quarter of 2007. The significant increase in revenue and net income was primarily attributed to the new regulation implemented by the State Food and Drug Administration (''SFDA'') at the end of 2006. The new regulation placed heightened restrictions on product quality. As a result, a significant number of the Company's competitors' products failed to meet the heightened requirements set forth by the SFDA. On the contrary, each batch of vaccine manufactured by JGAD passed the relevant quality inspection; consequently the Company experienced significant increase in sales volume and its brand name, ''JGAD'', gained an outstanding reputation.

In the fiscal year ended December 31, 2007, the Company generated revenue of $24.9 million, representing an increase of 256% from $7.0 million in the fiscal year ended December 31, 2006. Net income increased 278% to $14.0 million in 2007, from $3.7 million in 2006. Increased sales of the Rabies Vaccine, as well as the launch of the Mumps Vaccine during the fiscal year 2007, drove the improved financial performance.

Mr. Quanfeng Wang, Chief Executive Officer of China Bio-Immunity, stated, "Today's transaction provides our Company with a solid platform for growth as we aggressively pursue opportunities in China's vaccine market. We believe that we are well-positioned to compete in this fast-developing sector given our strong JGAD brand, diverse product portfolio, proven R&D capabilities, established sales and marketing network and favorable cost structure. With access to the U.S. capital markets, we believe we will be in a compelling position to further strengthen our distribution network both inside and outside of China, develop i
'/>"/>

SOURCE China Bio-Immunity Corporation
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. China Healthcare Acquisition Corp Signs Definitive Agreement to Acquire Europe Asia Huadu Environment Holding Pte, Ltd.
2. UNC School of Social Work helps China tackle growing pains
3. Respiratory illnesses and dog bites a concern for travelers to China for 2008 Olympics
4. China Shenghuo Pharmaceutical Retains Grayling Global As Investor Relations Counsel
5. China Medical Technologies to Announce Financial Results for the First Quarter Ended June 30, 2008 on August 4, 2008
6. China Medicine Corporation Obtains Australian Patent for rADTZ
7. China Sky One Medical, Inc. Signs Distribution Agreement with Harbin Baolong Pharmaceutical Company
8. AmeriCares Purchases 2nd BLU-MED Deployable Field Hospital for China Earthquake Relief
9. Closing coal-burning power plant in China and improved cognitive development in children
10. China Kangtai Cactus Biotech Inc. Launches Cactus Cattle Feed and Cactus Fish Feed
11. AmeriCares Meets Long-Term Health Needs of Disaster Victims in China and Myanmar
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/28/2014)... Camp Soaring Eagle today announced it ... Cornville, AZ. The nonprofit organization, founded in July ... to attend medically supervised camps at no cost ... a variety of programs to Arizona families and ... illnesses including: Illness Specific Camping Weekends, Illness Specific ...
(Date:7/28/2014)... (PRWEB) July 28, 2014 An estimated ... year from metastatic breast and prostate cancers – an ... cancer has spread to other parts of the body, ... researchers at Drexel University College of Medicine ... identified that inhibits metastatic progression by blocking tumor cells ...
(Date:7/28/2014)... A revised version of a surgical procedure to treat ... more than 90 percent of the time in patients ... the MGH Division of Plastic and Reconstructive Surgery report ... the non-endoscopic procedure all of whom had headaches ... symptom relief a year later. The team,s paper ...
(Date:7/28/2014)... Glutamine is the most abundant single amino ... conditionally essential during times when the body undergoes large ... Immune System Support. , Having a heavy work out ... with additional glutamine may be advantageous. Glutamine supplementation may ... digestion and immune system function. Stress on the body ...
(Date:7/28/2014)... (HealthDay News) --,The more chronic medical conditions people have ... be, a new study claims. Since nearly ... scientists at Johns Hopkins Bloomberg School of Public Health ... gains in life expectancy are slowing in the United ... diabetes, kidney disease and heart failure is now the ...
Breaking Medicine News(10 mins):Health News:Camp Soaring Eagle Announces New Camp Site 2Health News:Camp Soaring Eagle Announces New Camp Site 3Health News:Drexel Scientists Develop Compound to Stop Spread of Metastatic Cancer Cells 2Health News:Drexel Scientists Develop Compound to Stop Spread of Metastatic Cancer Cells 3Health News:Non-endoscopic migraine surgery provides significant symptom relief 2Health News:Betancourt Nutrition Introduces Glutamine Plus with Sustamine® L-Alanyl-L-Glutamine 2Health News:Betancourt Nutrition Introduces Glutamine Plus with Sustamine® L-Alanyl-L-Glutamine 3Health News:Chronic Medical Conditions Can Shorten Seniors' Lives: Study 2
... as the newest participants in the Hartford Doctoral Fellows ... by the John A. Hartford Foundation , administered by ... James Lubben , DSW, MPH. Each fellow receives ... his or her home institution, which enables the recipient to ...
... , FRIDAY, Oct. 28 (HealthDay News) -- ... improvement if they,re placed in a classroom with higher-achieving ... low-achievers, researchers say. The findings are important because ... to poor children, whose development of language skills may ...
... recently awarded $7.2 million for the competitive renewal of ... Cancer Center,s Daniel Sullivan, M.D., executive vice president and ... through September 2016. The SEP2C enrolls patients to ... across six member sites. Moffitt is the lead site ...
... shrinking population of trim Americans against an expanding population of ... "fat bans." These "fat policies" would be designed to ... the growth in Americans, waistlines and in the country,s healthcare ... the Land of the Free and the Home of ...
... takes advantage of ovarian cancer,s reliance on folate appears to ... effects, researchers say., The therapy uses the folate receptors on ... a substance attracted to the receptors with a chemotherapeutic agent ... Chief of the Section of Gynecologic Oncology at Georgia Health ...
... burn up to 120 calories in half an hour while wheeling ... as much as someone doing the same action in a motorized ... and as much as 258 calories while fencing in a 30-minute ... This is according to a review article written by Professor David ...
Cached Medicine News:Health News:Prestigious Hartford grants bolster awardees' social work research 2Health News:Prestigious Hartford grants bolster awardees' social work research 3Health News:Preschool Peers May Boost Language Skills in Kids 2Health News:Home of the free - land of the fat? 2Health News:Folate receptors may serve as a front door to ovarian cancer treatment 2Health News:UT study looks at manual wheelchair use, exercise and calorie burning 2
(Date:7/28/2014)... (NYSE: RMD ), an innovator and pioneer ... and other chronic respiratory conditions, has won a permanent ... medical device manufacturer APEX Medical Corp. (APEX), prohibiting sales ... 220 masks.  The judgment was entered by the Regional ... appealable, and applies throughout Germany.  The ...
(Date:7/28/2014)... , July 28, 2014  ANI Pharmaceuticals, Inc. (NASDAQ: ... plans to release its second quarter and year-to-date 2014 ... opening of the U.S. financial markets. The earnings press ... of the Company,s website, www.anipharmaceuticals.com . ... Officer, and Charlotte C. Arnold , Vice President ...
(Date:7/28/2014)... , July 28, 2014  ProteinSimple announced today ... the Simple Western. This new assay allows users to detect ... first time, Simple Western users can analyze proteins without ... Simple Western has changed protein analysis as we know ... Western blot protocols - no messy gels, no transfer ...
Breaking Medicine Technology:ResMed Receives Permanent Injunction against APEX in Germany, Continues Enforcement of Patents in Europe 2ANI Pharmaceuticals Schedules Conference Call for Second Quarter 2014 Financial Results 2ProteinSimple Says "Never Run a Gel Again!" 2
... VioQuest,Pharmaceuticals (OTC Bulletin Board: VQPH) today ... of Lenocta(TM) (sodium stibogluconate), a novel,protein tyrosine ... immune stimulant approved for the treatment of ... cancers. The open-label Phase IIa study is,designed ...
... CuraGen Corporation,(Nasdaq: CRGN ), a clinical-stage biopharmaceutical ... Exchange: TOPO) announced,today that updated preliminary clinical trial ... T-cell lymphomas, and new preclinical data,evaluating belinostat on ... 2007 American Society of Hematology (ASH) 49th Annual ...
Cached Medicine Technology:VioQuest Pharmaceuticals Announces Dosing of First Patient in Phase IIa Solid Tumor Study for Lenocta(TM), a Novel Protein Tyrosine Phosphatase Inhibitor 2VioQuest Pharmaceuticals Announces Dosing of First Patient in Phase IIa Solid Tumor Study for Lenocta(TM), a Novel Protein Tyrosine Phosphatase Inhibitor 3VioQuest Pharmaceuticals Announces Dosing of First Patient in Phase IIa Solid Tumor Study for Lenocta(TM), a Novel Protein Tyrosine Phosphatase Inhibitor 4CuraGen and TopoTarget Announce Presentations on Belinostat at the Upcoming American Society of Hematology 49th Annual Meeting 2CuraGen and TopoTarget Announce Presentations on Belinostat at the Upcoming American Society of Hematology 49th Annual Meeting 3CuraGen and TopoTarget Announce Presentations on Belinostat at the Upcoming American Society of Hematology 49th Annual Meeting 4CuraGen and TopoTarget Announce Presentations on Belinostat at the Upcoming American Society of Hematology 49th Annual Meeting 5
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
Medicine Products: