Navigation Links
Jiangbo Pharmaceuticals Reports Results for the Third Quarter of its Fiscal Year 2009
Date:5/18/2009

LAIYANG, China, May 18 /PRNewswire-Asia-FirstCall/ -- Jiangbo Pharmaceuticals, Inc. (OTC Bulletin Board: JGBO) (''Jiangbo'' or the ''Company''), a U.S. pharmaceutical company with its principal operations in the People's Republic of China, today announced its financial results for the third quarter ended March 31, 2009 of its fiscal year 2009.

    Third Quarter of Fiscal Year 2009 Highlights
    -- Total revenue, which reflects newly associated expense restructuring,
       was $25.7 million, compared to $28.1 million in the corresponding
       quarter of 2008
    -- Gross profit was $18.9 million, compared to $21.8 million in the
       corresponding quarter of 2008, and gross margin was 73.4% compared to
       77.4% in the corresponding quarter of 2008
    -- Operating income was $13.3 million, a 53.6% increase from $8.7 million
       for the three months ended March 31, 2008
    -- Net income was $8.9 million, or $0.44 per fully diluted share, up from
       $4.5 million, or $0.46 per fully diluted share, for the three months
       ended March 31, 2008
    -- Non-GAAP adjusted net income was $10.0 million, or $0.97 per weighted
       average share for the three months ended March 31, 2009, up 66.5% from
       non-GAAP adjusted net income of $6.0 million, or $0.61 per weighted
       average number of shares, for the quarter ended March 31, 2008
    -- Acquired Shandong Hongrui Pharmaceutical Factory ("Hongrui") for
       approximately $11.2 million consisting of RMB58.6 million in cash
       (approximately $8.6 million) and 643,651 shares of Jiangbo's common
       stock amounting to approximately $2.6 million
    -- Obtained the legal rights to manufacture and distribute Hongrui's 22
       Traditional Chinese Medicines
    -- Restructured its sales network to distribute products through 28 large
       regional distributors
    -- Changed the corporate name from Genesis Pharmaceuticals Enterprises,
 
'/>"/>
SOURCE  Jiangbo Pharmaceuticals, Inc
Copyright©2009 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 

Related medicine news :

1. Jiangbo Pharmaceuticals, Inc. Announces Conference Call to Discuss Results for its Third Quarter of FY 2009
2. Jiangbo Pharmaceuticals, Inc. to Present at CCG IRs China Rising Conference in New York
3. Jiangbo Pharmaceuticals Announces New Ticker (JGBO) and CUSIP
4. Genesis Pharmaceuticals Changes its Name to Jiangbo Pharmaceuticals, Inc. to Reflect its Brand Name
5. InDex Pharmaceuticals AB Engages PharmaVentures to Facilitate the Licensing of Kappaproct(R) After Phase IIa Trial Achieves Clinical Endpoints Early
6. NovaBay Pharmaceuticals, Inc. Reports First Quarter 2009 Financial Results
7. BioCryst Pharmaceuticals Announces Presentation of Forodesine Data at the 45th Annual Meeting of the American Society of Clinical Oncology
8. MAP Pharmaceuticals Announces Presentations at the American Thoracic Society International Conference
9. Quark Pharmaceuticals Presents Data on Synthetic siRNAs for Prevention of Ocular and Inner Ear Sensory Cell Damage
10. Keryx Biopharmaceuticals, Inc. Announces First Quarter 2009 Financial Results
11. Transcept Pharmaceuticals Reports First Quarter 2009 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/17/2013)... 2013 The Woodstock Fruit Festival is proud ... Festival this summer, which will be held in Diamond Point, ... , Blake professes the benefits he's received by regularly ... fuel his world class sprinting abilities. Fruit is commonly considered ... drawing attention. "Yohan Blake believes in the power of natural ...
(Date:6/17/2013)... 2013 MelanSol® All Natural Skin Care ... the US distributor for MelanSol®, has partnered with the ... Food Bank to support their efforts to feed ... that they receive a portion of every sale of ... Moisturizer. Contributions will be given on sales from ...
(Date:6/17/2013)... A team from the New York Stem Cell ... Center of Columbia University has generated patient-specific beta cells, ... maturity-onset diabetes of the young (MODY). , The ... induced pluripotent stem (iPS) cells, from which they then ... cell-derived beta cells secreted insulin in a manner similar ...
(Date:6/17/2013)... Tarrant Plastic Surgery is pleased to announce a ... has recently undergone a mainstream culture explosion. Interpretation of the ... Surgery, they regard the term to mean a combination of ... of the effects of pregnancy on a woman’s body. ... the breast with gain or loss of volume, widening of ...
(Date:6/17/2013)... pyrvinium pamoate inhibits aggressive forms of prostate cancer that ... conducted in an animal model. The results will be ... in San Francisco. , "Our novel prostate cancer drug ... lead author Jeremy Jones, PhD, assistant professor of molecular ... Duarte, CA. "Thus, it has the potential to treat ...
Breaking Medicine News(10 mins):Health News:Yohan Blake Invited to The Woodstock Fruit Festival as Guest of Honor 2Health News:All Natural Sunscreen Fights Hunger 2Health News:NYSCF and Columbia researchers demonstrate use of stem cells to analyze causes, treatment of diabetes 2Health News:NYSCF and Columbia researchers demonstrate use of stem cells to analyze causes, treatment of diabetes 3Health News:Tarrant Plastic Surgery Announces Summer Makeover Special 2Health News:New medication treats drug-resistant prostate cancer in the laboratory 2
... has passed a resolution that from now on all ... the pathogen, Enterobacter sakazakii. ,These strong warning ... label proclaiming mother’s milk as the best for infants. ... reported by consumption of contaminated baby formula. A French ...
... H5N1 has mutated since 2002 to become more dangerous ... ,The Asian strain H5N1 influenza virus has changed its ... to ducks; the virus multiplies in the ducks without infecting ... duck Waterfowl is a natural host for H5N1 influenza virus, ...
... be responsible for birth defects, cancer and other health ... used genetically modified mice to see how the microRNAs ... the mice were grown without the microRNA molecules they ... ,MicroRNA (miRNA) are small RNA molecules that control the ...
... new study presented at the Annual Congress for Dermatological Research ... marketed by Paris-based IsoCell Nutra, significantly increased the levels of ... that SOD has a different mode of action to vitamins. ... discovered in 1968, it is the first antioxidant mobilized by ...
... noticed in women consuming a diet rich in calcium and ... at the University of Massachusetts at Amherst conducted the study. ... who participated in the Nurse Health Study II and developed ... not develop PMS. This data was analysed and interpreted., ...
... two months of previous prescription of antibiotics increases //the ... than in people who were given antibiotics after almost ... levels of taking antibiotics are harmful to health as ... is the first study that assesses the risk to ...
Cached Medicine News:Health News:Influenza Avian Flu strain has become more contagious and dangerous. , 2Health News:Influenza Avian Flu strain has become more contagious and dangerous. , 3Health News:New Supplement Found To Be Effective Against Sunburn 2
(Date:6/17/2013)... , June 17, 2013 ... promoted through new ,Wake-Up Call, campaign and ICD-10 ... a world-leading provider of scientific, technical and medical ... of EduCode ® Doc Briefs , ... other practitioners. EduCode Doc Briefs is available on ...
(Date:6/17/2013)... June 17, 2013  The American Society of ... report on the effectiveness of medications for opioid ... FDA-approved drugs by many state governments and insurance ... drunk driving car crashes, an epidemic led by ... heroin. Yet, safe and effective medications to treat ...
(Date:6/17/2013)... -- The law firm of Rheingold, Valet, Rheingold, McCartney & ... the first suit in New York ... two common anti-diabetic drugs, Byetta and Janumet (also known as ... resident Robert Cataletto , was filed on June 14, ... 13-3411. Mr. Cataletto received prescriptions from the doctor ...
Breaking Medicine Technology:Elsevier Launches EduCode Doc Briefs to Help Physicians Implement ICD-10 2Elsevier Launches EduCode Doc Briefs to Help Physicians Implement ICD-10 3Effective Rx thwarted for deadly opiate epidemic 2Suit filed for Pancreatic Cancer By Use of Byetta, Januvia and Janumet 2
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
Medicine Products: