Navigation Links
China Biologic Reports Financial Results for the Second Quarter of 2014
Date:8/5/2014

enses were 5.5%, up from 4.6% in the same quarter of 2013. Volume and percentage increases in selling expenses were primarily due to increased sales of placenta polypeptide products. Compared with other products, placenta polypeptide has a relatively higher per unit selling expenses.

General and administrative expenses in the second quarter of 2014 decreased by 20.2% to $7.1 million from $8.9 million in the same quarter of 2013. As a percentage of total sales, general and administrative expenses were 11.8% and 16.5% in the second quarter of 2014 and 2013, respectively. The decrease in general and administrative expenses was mainly due to a decrease in legal expenses. During the second quarter of 2013, the Company incurred legal expenses in relation to the take-over defense against a direct competitor in China. In addition, the Company incurred amortization expenses in the three months ended June 30, 2013 with respect to the GMP certificates and certain other intangible assets which were part of the acquisition of Guizhou Taibang in 2008. Because such intangible assets had been fully amortized by the end of 2013, the Company did not incur corresponding expenses in the three months ended June 30, 2014.

Research and development expenses in the second quarter of 2014 were $1.8 million, compared to $0.8 million in the same quarter of 2013. As a percentage of total sales, research and development expenses for the three months ended June 30, 2014 and 2013 were 3.1% and 1.6%, respectively. The increase in research and development expenses was primarily due to the expenditure paid for certain clinical trial programs and the engagement of external experts for select pipeline products.

Income from operations for the three months ended June 30, 2014 was $28.9 million, an increase of 14.2% from $25.3 million in the same period of 2013. Operating margin increased to 48.1% in the reporting quarter from 47.2% in the same quarter of 2013.

Income tax expe
'/>"/>

SOURCE China Biologic Products, Inc.
Copyright©2014 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21

Related medicine technology :

1. China Ureteroscopes Market Outlook to 2020
2. Ventana paves the way for companion diagnostic early phase clinical trials in China to advance patient care
3. China Nepstar Chain Drugstore to Report Second Quarter 2014 Financial Results on August 28, 2014
4. China Orthopedic Devices Market Outlook to 2020 - Arthroscopy, Cranio Maxillofacial Fixation (CMF), Hip Reconstruction, Knee Reconstruction, Spinal Surgery, Orthobiologics, Trauma Fixation and Others
5. Global & China Market: Glucosamine, Coenzyme Q10 & Cysteine Methyl Ester
6. Potassium Nitrate Market & Tricalcium Phosphate Industry Analysis for Global & China Regions
7. Decision Resources Group Announces First Medical Device Account Targeting Tool in China
8. Nutrastar Signs First Distributor for New Cordyceps Powder Solution Product, Expands Reach to Central China
9. The Global and China Insulin Market is Expected to Grow at a CAGR of 6.1% From 2013 to 2019 to Reach USD 32.24 Billion in 2019
10. China Biologic to Report Second Quarter 2014 Financial Results
11. CASI Pharmaceuticals Receives Approval From CFDA To Conduct Phase II Clinical Trial With ENMD-2076 For Triple-Negative Breast Cancer In China
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/26/2014)... 2014 According to the ... Source (Electric, Battery, Pneumatic), by Product (Drill, Saw, ... by Application (Orthopedic, ENT, Oral, Thoracic, Neurology) - ... Powered Surgical Instruments Market is estimated to be ... and is expected to grow at a moderate ...
(Date:11/26/2014)... SAN FRANCISCO , Nov. 25, 2014  goBalto, ... solutions, has been recognized as a winner of Red ... received a Global Top 100 North America award in ... the international technology landscape. Red Herring,s Top ... for identifying promising new companies and entrepreneurs. Red Herring ...
(Date:11/26/2014)...  Medtronic,s roughly $43 billion acquisition and ... in the media for its US Federal tax ... player in one of the fastest growing device ... research firm said  the two companies compete in ... of solutions spanning inpatient to home care, and ...
Breaking Medicine Technology:Powered Surgical Instruments Market Worth $2.1 Billion by 2019 2Powered Surgical Instruments Market Worth $2.1 Billion by 2019 3Powered Surgical Instruments Market Worth $2.1 Billion by 2019 4goBalto Selected as a 2014 Red Herring Top 100 Global Company 2goBalto Selected as a 2014 Red Herring Top 100 Global Company 3Medtronic - Covidien: Beyond Taxes, Deal Will Create Patient Monitoring Power, according to Kalorama Information 2Medtronic - Covidien: Beyond Taxes, Deal Will Create Patient Monitoring Power, according to Kalorama Information 3
... 24 GeoVax Labs, Inc. (OTC,Bulletin Board: GOVX) ... their candidate AIDS,vaccine failed to provide protection in a ... Merck trial involving high risk volunteers, an equal number ... Data Safety,Monitoring Board recommended that the trial be stopped ...
... 24 Progen Pharmaceuticals,Limited (ASX: PGL; Nasdaq: PGLA) ... of PI-88 in combination with the chemotherapeutic agent,docetaxel ... cancer did not meet,its primary endpoint of significantly ... docetaxel alone. The trial also did not meet ...
Cached Medicine Technology:GeoVax Labs, Inc. Comments on Discontinuance of Merck's HIV Vaccine Trial 2GeoVax Labs, Inc. Comments on Discontinuance of Merck's HIV Vaccine Trial 3GeoVax Labs, Inc. Comments on Discontinuance of Merck's HIV Vaccine Trial 4GeoVax Labs, Inc. Comments on Discontinuance of Merck's HIV Vaccine Trial 5Progen Announces PI-88 Phase 2 Lung Cancer Results 2
(Date:11/26/2014)... 2014 For its December issue ... AIS Report on Blue Cross and Blue Shield Plans* ... the varied strategies the two Blues plans are implementing ... treatments for sleep apnea, ranging from brick-and-mortar retail stores ... linked to increased rates of a variety of serious ...
(Date:11/26/2014)... November 26, 2014 With a redesign ... Dr. Steven Meier has enhanced the user experience ... and prospective patients an online destination for orthopedic and ... to present the new and improved version of the ... it easier than ever for current and prospective patients ...
(Date:11/26/2014)... (PRWEB) November 26, 2014 GI for ... before seen reductions in prices of their popular nutritional ... Liposomal Vitamin D3 . Discounts of 40% will ... , GI for Life’s proprietary ColoVite supplement is a ... to promote colon health. One easy-to-take colon vitamin with ...
(Date:11/26/2014)... Sonru, the video interviewing specialist, has today announced ... Chief Marketing Officer, in addition to the formal opening ... has been appointed as Chief Operating Officer. He is ... Chief Marketing Officer. , Mr Jones is a seasoned ... senior roles with The Walt Disney Company and Adventis ...
(Date:11/26/2014)... Anthropologists have identified concrete recommendations that ... Ebola, improve international support, and pave the way ... Africa. , The report, “Strengthening West African ... Insights,” will be made public during a press ... Fri., Dec. 5, 11 a.m., at the AAA ...
Breaking Medicine News(10 mins):Health News:AIS Newsletter Reports on Strategies Blues Plans Are Implementing to Combat Sleep Apnea 2Health News:AIS Newsletter Reports on Strategies Blues Plans Are Implementing to Combat Sleep Apnea 3Health News:Los Angeles Orthopedic Surgeon Dr. Steven Meier Announces Relaunch Of Practice Website 2Health News:GI For Life Slashes Prices by 40% on Liposomal Vitamin D3 and ColoVite Colon Health Formula for a Limited Time 2Health News:Sonru Expansion continues with appointment of new executive team and opening of new London base 2Health News:Anthropologists Release Recommendations, Better Practices to Contain Ebola 2Health News:Anthropologists Release Recommendations, Better Practices to Contain Ebola 3
... HILLS, Calif., Dec. 5 With the popularity ... looking for longer,lasting alternatives to prevent facial wrinkles. ... active practice in Beverly Hills,says, "Fillers such as ... suture material. When injected into tissue, all of,these ...
... in the Annals,of Emergency Medicine ("Increasing Rates of Emergency ... to 2003") finds the rate of,elderly Americans seeking emergency ... Kenneth L. Noller, MD, President of the American College ... on behalf of the Alliance of Specialty Medicine., ...
... cardiovascular troubles by 2035 , , WEDNESDAY, Dec. 5 (HealthDay ... to be overweight or obese adults and more likely ... studies conclude. , The first, out of Denmark, found ... risk of coronary heart disease as adults. , The ...
... 5 Eastern Insurance,Holdings, Inc. (Nasdaq: EIHI ) ... has authorized a $0.05 per share quarterly cash,dividend on ... 28, 2007 to shareholders of record at the close ... parent company of Eastern Life and Health Insurance Company,("Eastern ...
... Indevus Pharmaceuticals, Inc.,(Nasdaq: IDEV ) today announced ... Conference on Thursday, December 13, 2007 at 12:30 PM,Eastern ... City. The,presentation will be web cast live and may ... website at http://www.indevus.com ., About Indevus, ...
... more complicated medical case, what makes different physicians ... Researchers at UC Davis have identified several key ... of a patients medical appointment, and ultimately with ... , In a new study, "Primary Care Visit ...
Cached Medicine News:Health News:Facial Deformity Danger? 2Health News:Dramatic Growth Projected in Visits by Elderly Patients to Emergency Departments Underscores Urgency of Medicare Physician Payment Fix 2Health News:Overweight Kids Often Become Obese, Unhealthy Adults 2Health News:Overweight Kids Often Become Obese, Unhealthy Adults 3Health News:Eastern Insurance Holdings, Inc. Announces Quarterly Dividend 2Health News:Eastern Insurance Holdings, Inc. Announces Quarterly Dividend 3Health News:Indevus Pharmaceuticals To Present at RBC Capital Markets Conference 2Health News:Indevus Pharmaceuticals To Present at RBC Capital Markets Conference 3Health News:New UC Davis study finds physician style and HMO affiliation impact lengths of patient visit 2
... Catheters make motility testing simpler ... catheters set up in seconds ... with every sensor circumferential, Air-Charged ... anatomical irregularities. For advanced performance ...
Manometric Calibration System for LATITUDE® Air-Charged Catheter...
Solid State Manometry Catheter Accessory., ,Manometric calibrators are required for calibration of solid state catheters., ,Each type of catheter requires a unique calibrator....
Esophageal and Anorectal Solid State Catheter Adapter Cable for Polygraf ID...
Medicine Products: