Navigation Links
China Medicine Announces First Quarter 2009 Results
Date:5/13/2009

ns going forward," said Mr. Yang.

"As we get further into the second quarter, we are also excited about the progress we have made on our novel product, recombinant Aflatoxin Detoxifizyme (rADTZ). Our previous announcement on obtaining a manufacturing license for a premixed feed additive and a manufacturing license for a feed additive for our production facility, which is leased from Guangzhou Municipal Microbe Research Institute, has enabled us to enter into a trial production phase. We expect trial sales phase for rADTZ to begin in late May. We expect gross margin for this product to be approximately 90%," added Mr. Yang.

Based on China Medicine's research, total feed production in China in 2008 was 404 million tonnes. Assuming 1 kilogram of rADTZ will eliminate aflatoxins in one tonne of feed at a cost $10, the total addressable feed market for rADTZ is estimated at approximately $4.04 billion. The Company is actively working with potential rADTZ customers and is currently carrying out experiments with them in order to prepare for the launch and commercialization of rADTZ in second quarter of 2009. In addition, the projected revenues contributed from rADTZ are expected to reach approximately $2.3 million in 2009.

"We believe that the strength and experience of our management team, our exciting new self-branded pharmaceutical products, which include a new herbal tea and "BeThin," our weight loss product, combined with our strategy of obtaining more national exclusive distribution rights to pharmaceutical products and further improving our core business, will enable us to perform well this year and expand our overall market share. We are strongly committed to increasing value for our shareholders in 2009 and beyond and look forward to reporting many quarters of positive performance."

Conference Call

China Medicine will hold its first quarter conference call for all intere
'/>"/>

SOURCE China Medicine Corporation
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13

Related medicine news :

1. Chinas 1-child policy could backfire on its elderly
2. Omnicom Acquires Leading Healthcare Marketing Communications Firm in China
3. Expanding Prevalent Population Will Drive Dramatic Growth for the Asthma Drug Market in China
4. Bridgetech Announces Addition of the Agency for Healthcare Research and Quality as Content Provider in its Development of a Healthcare Web Portal in China
5. China Holdings Appoints Ronald Shon Chairman of Advisory Board to Its Wholly-Owned Subsidiary China Power, Inc.
6. China Bionanometer Industries Corporation Promotes New Cosmetics Product Line in China
7. China Shenghuo Pharmaceutical Holdings, Inc. Begins Full-Scale Launch of 12Ways(R) Chinese Herbal Skin Care Product Line
8. Statement by Mike Leavitt Secretary of Health and Human Services on the United States-China Bilateral Meetings on Food and Drug Safety
9. Supplier Assessments to Help Buyers Identify Reliable China Exporters
10. Study shows lead-based paint problem isnt isolated to China
11. Bracco Announces Initiative to Save Children in China at 2007 Annual Meeting of CGI
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/2/2015)... 02, 2015 On Tuesday April 7th, ... (ELCH) gathered to celebrate improvements in patient care. In ... Partners (RVHP), had zero acquired ventilator associated infections, zero ... infections. ELCH was also recently named a Top Performer ... at ELCH credited the teamwork of staff from all ...
(Date:5/2/2015)... success that Veatch Dental Consulting has had over the years, ... Shields to the team. With Neida and Alex on board, ... working with dentists to ensure their success. , Neida Miranda ... She was certified as dental assistant from Texas State Technical ... the importance of oral hygiene to patients, Neida was moved ...
(Date:5/1/2015)... Jusuru International has been awarded the ... of its flagship nutritional supplement, Liquid BioCell™ Life, and ... name, new logo, new packaging, new products, and new ... to identify and promote programs that serve as examples ... congratulates Jusuru International for their outstanding accomplishments and contributions ...
(Date:5/1/2015)... It’s raining bills on Capitol Hill with members in ... support for telemedicine. , “Such action is unprecedented ... Congress,” said Jonathan Linkous, CEO of the American Telemedicine Association ... to embrace the use of telecommunications in the delivery of ... mission to improve quality, access, equity and affordability of healthcare.”, ...
(Date:5/1/2015)... The Quail Creek Relay for Life Team raised over $89,000 ... Creek Relay team has raised almost $860,000. Quail Creek ... their biggest event, January’s Dinner and Auction; an annual Putting ... Relay for Life team was established to honor a member’s ... “I was hooked when I learned how the money raised ...
Breaking Medicine News(10 mins):Health News:East Liverpool City Hospital Celebrates Patient Care Improvements 2Health News:Veatch Dental Consulting Services Welcomes New Team Members 2Health News:Jusuru International Receives 2015 DSA Ethos Award 2Health News:Jusuru International Receives 2015 DSA Ethos Award 3Health News:Jusuru International Receives 2015 DSA Ethos Award 4Health News:Jusuru International Receives 2015 DSA Ethos Award 5Health News:ATA: Congress Floods the Halls with Telemedicine Proposals 2Health News:Quail Creek Country Club’s Relay for Life Team Raised Over $89,000 for American Cancer Society 2
... , MALVERN, Pa., Aug. 18 ... Siemens Healthcare,s SOMATOM(R) Emotion CT scanner is ... and cost-effective, the SOMATOM Emotion 16 enables facilities to not only ... also undertake high-end, detailed examinations, such as high-resolution CT angiography, which ...
... tool, researcher says , TUESDAY, Aug. 18 (HealthDay News) ... early pancreatic cancer, a new study suggests. , Prion ... known about prions outside of the brain. This ... tumors to grow more aggressively, said researchers at Case ...
... Aug. 18 VirtualHealth Technologies, Inc. (OTC Bulletin Board: ... Secure eHealth, LLC, recently received a patent as well ... and apparatus of portable information agents. The ... methodology and apparatus for a "portable information agent" which ...
... MINNEAPOLIS, Aug. 18 GoldenCare USA and American Independent ... care products from United of Omaha Life Insurance Company, a Mutual ... affordable rates. , , Cash benefit policies have ... viewed as too expensive. Now, United of Omaha makes cash benefit ...
... , , ... launched a T-shirt design competition offering the chance to combine creativity with ... Cure(R). Through Oct. 26, 2009, participants can enter Passionately Pink-inspired T-shirt ... win a weekly drawing for a $100 Hanes gift card. ...
... SAN DIEGO, Aug. 18 Aethlon Medical, Inc. ... at today,s 14th Annual Southern California Investor Conference being ... The conference is hosted by California Equity Research and ... life science, technology, media, and real estate/financial organizations. ...
Cached Medicine News:Health News:Siemens Emotion CT Receives Top Rating in KLAS Report 2Health News:Siemens Emotion CT Receives Top Rating in KLAS Report 3Health News:Abnormal Protein May Signal Pancreatic Cancer 2Health News:Secure eHealth Partner Receives Patent and Notice of Patent Allowance that is Key to Enriched Data Portability in Healthcare 2Health News:Secure eHealth Partner Receives Patent and Notice of Patent Allowance that is Key to Enriched Data Portability in Healthcare 3Health News:CA$H-First(SM) LTCi Provides First-Day Cash Benefits at Affordable Rates 2Health News:Hanes(R) and Susan G. Komen for the Cure(R) Inspire Creativity for a Cause 2Health News:Hanes(R) and Susan G. Komen for the Cure(R) Inspire Creativity for a Cause 3Health News:Hanes(R) and Susan G. Komen for the Cure(R) Inspire Creativity for a Cause 4Health News:Aethlon Medical to Present at Today's Southern California Investor Conference 2
(Date:4/30/2015)... 30, 2015   Regulus Therapeutics Inc . (NASDAQ: ... and development of innovative medicines targeting microRNAs, today announced ... the quarter ended March 31, 2015 on Thursday, May ... Regulus will host a conference call and ... Eastern Daylight Time to discuss its first quarter 2015 ...
(Date:4/30/2015)...  Nektar Therapeutics (Nasdaq: NKTR ) today reported ... 31, 2015. Cash and investments in ... as compared to $262.8 million at December 31, 2014. ... 31, 2015 includes a $100.0 million milestone payment received ... sale of Movantik™(naloxegol) in the U.S. "The ...
(Date:4/30/2015)... Calif. , April 30, 2015  Isis ... it has earned a $10 million milestone payment ... undisclosed target to treat a neurological disorder.  This ... four drugs in development, under Isis, and Biogen,s ... therapies to treat neurological and neuromuscular disorders.  ...
Breaking Medicine Technology:Regulus Announces Timing for First Quarter 2015 Financial Results Webcast and Conference Call 2Regulus Announces Timing for First Quarter 2015 Financial Results Webcast and Conference Call 3Nektar Therapeutics Reports Financial Results for the First Quarter of 2015 2Nektar Therapeutics Reports Financial Results for the First Quarter of 2015 3Nektar Therapeutics Reports Financial Results for the First Quarter of 2015 4Nektar Therapeutics Reports Financial Results for the First Quarter of 2015 5Nektar Therapeutics Reports Financial Results for the First Quarter of 2015 6Nektar Therapeutics Reports Financial Results for the First Quarter of 2015 7Nektar Therapeutics Reports Financial Results for the First Quarter of 2015 8Nektar Therapeutics Reports Financial Results for the First Quarter of 2015 9Nektar Therapeutics Reports Financial Results for the First Quarter of 2015 10Nektar Therapeutics Reports Financial Results for the First Quarter of 2015 11Nektar Therapeutics Reports Financial Results for the First Quarter of 2015 12Isis Pharmaceuticals Earns $10 Million Milestone Payment From Biogen 2Isis Pharmaceuticals Earns $10 Million Milestone Payment From Biogen 3
... the international shoe charity announced that PromiseCare Pharmacy will ... Soles4Souls, to help provide shoes for the charity,s relief ... Japan on March 9, 2011.   "Partner ... prescriptions, medical supplies, and health and wellness information," said ...
... 2011 Thomas Huxtable and his wife, Danielle, filed suit ... seeking compensation for injuries caused by the failure of Mr. ... been recalled.  John David Hart of the Law Offices of ... representing Mr. and Mrs. Huxtable in the lawsuit filed in ...
Cached Medicine Technology:PromiseCare Pharmacy Donates to Soles4Souls® Japanese Relief Efforts 2DePuy Recalled Hip Device Lawsuit Filed in Austin, Texas 2
... 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 ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... 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 ...
Medicine Products: