Navigation Links
China Medicine Corporation Receives Manufacturing License for rADTZ
Date:2/1/2011

, rADTZ has the opportunity to become our flagship biological product, marking the Company's rapid transformation into a multi-industry player."

The Company reaffirms its previously announced fiscal 2010 guidance.  The Company continues to expect revenue to be in the range of $68 to $70 million, gross margin in the range of 33% to 38%, and operating expenses in the range of 16% to 18% of revenues.  

For fiscal year 2011, the Company expects that revenue will be in the range of $54 to $58 million, and gross margin will be in the range of 33% to 38%.  The Company anticipates full year operating expenses to represent approximately 22% to 26% of revenue.  This guidance reflects the Company's current and preliminary views, which are subject to change.

Mr. Yang continued, "We expect the fiscal year 2011 will remain challenging due to the combined impact of (i) margin pressure on distributing prescription drugs because of the government's influence on the drug distribution bidding system, (ii) rising prices of certain raw materials used in our proprietary products, and (iii) the execution of our 'high-margin focus' sales strategy for our distribution business.  Furthermore, we will continue expanding the production capacity at LifeTech and ramping up the production and sales for rADTZ.  We are very confident that we will be able to manage through these challenges in 2011 and we will start to realize results from above-mentioned efforts starting in 2012."

About China Medicine CorporationChina Medicine Corporation, a vertically integrated enterprise with a research and development centre, manufacturing facility and well established sales network, engages in the production and distribution of prescription and over the counter drugs, traditional Chinese medicine products, herbs and dietary-supplements, medical devices, and medical formulations in China. The Company is developing a number of proprietary produc
'/>"/>

SOURCE China Medicine Corporation
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. HUYA Bioscience Intl Announces Clinical Trial Milestones in China for Promising New Anti-Arrhythmic Compound; Data Supports Desirable Safety Profile
2. HUYA Bioscience Intl Announces World-Class Clinical Advisory Team for New Anti-Arrhythmic Compound Sourced From China
3. HUYA Bioscience Intl Announces First Pre-IND Outcome for a Development Stage Compound Sourced From China - HBI-8000, Promising New Cancer Compound
4. HUYA Bioscience Intl Announces Pre-IND Outcome for HBI-3000 - Promising Anti-Arrhythmia Compound Sourced From China
5. China Sky One Medical, Inc. Announces 26 New Drugs in Clinical Trials
6. RHEI Pharmaceuticals Announces the Initiation of the Final Clinical Study for Approval of Tibozole in China
7. Varian Medical Systems to Exhibit Cancer Treatment and X-ray Imaging Technologies at China Med Exhibition
8. China Sky One Medical, Inc. Achieves Significant Breakthrough in Research for Sudden Cardiac Death (SCD) Early Examination Kit
9. China Animal Welfare Law Under Review While 36,000 Dogs Culled
10. China-Biotics, Inc. Prices $69 Million Public Offering of Common Stock
11. Clifford Chance Advises Pfizer on Conditional Clearance in China of Its Merger with Wyeth
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/27/2015)... April 27, 2015 Research ... addition of the "Endoscopy Global Market - ...      (Logo: http://photos.prnewswire.com/prnh/20130307/600769) , , ,The ... $43 billion by 2019 growing at around 7.0% ... for the market growth are aging population, increase ...
(Date:4/27/2015)... 27, 2015 Vermillion, Inc. (VRML), ... disease, announced today it will report first ... close on Monday, May 11, 2015, followed ... at 4:30pm Eastern.Conference Call & Webcast: Monday, ... Domestic: , 888-556-4997International: , 719-457-2628Conference ID: , ...
(Date:4/27/2015)... 2015  Agena Bioscience today announced Bioyong Technology as the ... in China . "The Chinese ... hotbed for practical, meaningful innovations that are improving human health ... rest of the world. We are proud to support the ... ," said Peter Dansky , Agena Bioscience,s CEO. ...
Breaking Medicine Technology:Endoscopy Global Market - Forecast to 2020: Market is expected to reach approximately $43 billion with Johnson and Johnson, Olympus and Covidien Dominating 2Endoscopy Global Market - Forecast to 2020: Market is expected to reach approximately $43 billion with Johnson and Johnson, Olympus and Covidien Dominating 3Agena Bioscience Names Bioyong Technology as Fifth Certified Service Provider in China 2
...  BioInformatics, LLC announces the pending release of three Q4 ... & Brand Assessment (#10-006) Exploring Structural Biology:  Tools ... Structure (#10-004) Genomic Technologies:  Market Insights for Life ... who provide product and services to these three rapidly ...
... Oct. 14 Octapharma USA ... Grants Program , which supports clinical or pre-clinical research ... therapy, intensive care and emergency medicine. The application deadline ... , one of the largest human protein products manufacturers ...
Cached Medicine Technology:BioInformatics, LLC New Market Reports - RNAi, Genomics and Membrane Protein Structure 2BioInformatics, LLC New Market Reports - RNAi, Genomics and Membrane Protein Structure 3BioInformatics, LLC New Market Reports - RNAi, Genomics and Membrane Protein Structure 4Octapharma Accepting Applications for Research Grants Focused on Human Protein Therapies 2
(Date:4/27/2015)... As ISO 27001 has quickly become the de ... sizes and in all industries, Pivot Point Security has ... 27001 certification. The information security audit firm has worked ... 27001 certification. Pivot Point's commitment to ISO 27001 is ... Lead Implementers and Auditors the company employs (now ten ...
(Date:4/27/2015)... Data Integrity Problems on the Rise: , ... Partners/Suppliers, **FDAnews Webinar**, May 19, 2015 — 1:30 p.m. ... integrity issues have become a common and ever increasing ... issues within manufacturing operations or partner networks can be ... remediating them can be even more difficult. , ...
(Date:4/27/2015)... 27, 2015 Cannabix Technologies Inc. (CSE: ... Mr. Rocco Iannapollo has become an Advisor to Cannabix ... law enforcement and workplace testing. Mr. Iannapollo is an ... years of experience in the oil and gas industry, ... with supplier, employer, and DOT compliance policies and strategies. ...
(Date:4/27/2015)... (PRWEB) April 27, 2015 The ... at a lower CAGR in developed countries; however, ... emerging countries such as China, India and Brazil ... coagulation analyzers market is driven by factors such ... diagnostics laboratories, development of high-throughput hemostasis analyzers, developments ...
(Date:4/27/2015)... April 27, 2015 The Global Pharmaceutical ... at a CAGR of 5.9% during the period 2015 ... in the materials healthcare packaging market, mainly due to ... Pharmaceutical Packaging market is extremely fragmented with the ... major portion of the market with the rest being ...
Breaking Medicine News(10 mins):Health News:Six Additional New ISO 27001 Lead Implementers Certified for Pivot Point Security 2Health News:FDAnews Announces — Data Integrity Problems on the Rise: Confronting Data Integrity Issues Within Your Operations or Your Partners/Suppliers Webinar, May 19, 2015 2Health News:FDAnews Announces — Data Integrity Problems on the Rise: Confronting Data Integrity Issues Within Your Operations or Your Partners/Suppliers Webinar, May 19, 2015 3Health News:FDAnews Announces — Data Integrity Problems on the Rise: Confronting Data Integrity Issues Within Your Operations or Your Partners/Suppliers Webinar, May 19, 2015 4Health News:Rocco Iannapollo becomes an Advisor to Cannabix Technologies 2Health News:Rocco Iannapollo becomes an Advisor to Cannabix Technologies 3Health News:Rocco Iannapollo becomes an Advisor to Cannabix Technologies 4Health News:Coagulation Analyzers Market Concluded to Reach $3.58 billion by 2019 2Health News:Coagulation Analyzers Market Concluded to Reach $3.58 billion by 2019 3Health News:Global Pharmaceutical Packaging Market to Grow at 5% CAGR to 2019 Says a New Report at RnRMarketResearch.com 2Health News:Global Pharmaceutical Packaging Market to Grow at 5% CAGR to 2019 Says a New Report at RnRMarketResearch.com 3Health News:Global Pharmaceutical Packaging Market to Grow at 5% CAGR to 2019 Says a New Report at RnRMarketResearch.com 4
... (May 8, 2011) Research being presented at ... diet affects gastrointestinal illnesses, such as gallstones and ... their digestive problems are caused by lactose intolerance ... DDW is the largest international gathering of physicians ...
... drug often prescribed for women with Crohn,s disease, actively ... and remains in a newborn,s bloodstream for at least ... Francisco have found. The new study has ... because ADA is known to decrease the immune system,s ...
... FRIDAY, May 6 (HealthDay News) -- Mutations in a single ... of the human cerebral cortex, the part of the brain ... language, memory, attention and consciousness. That,s the finding of ... three families -- one Turkish, two Pakistani -- with children ...
... -- Fathers have a major influence on how often their ... research shows. The study included 312 families in Houston ... about family meals and the amount of time the children ... families were aged 9 to 11 and 13 to 15. ...
... Reporter , THURSDAY, May 5 (HealthDay News) -- ... appendicitis, surgery remains the more effective treatment, French ... with antibiotics alone, but complicated appendicitis, where the ... difficult to discern between the two, the researchers ...
... Dr. Rino Rappuoli has been chosen to receive the 2011 ... by the European Society of Clinical Microbiology and Infectious Diseases ... his outstanding contributions in the field of vaccines and vaccinology. ... researcher at the 21st ECCMID / 27th ICC meeting in ...
Cached Medicine News:Health News:Dietary research offers new explanations and treatments approaches for gastrointestinal disorders 2Health News:Dads Who Eat Out Have Kids Who Eat Out, Study Finds 2Health News:Surgery May Beat Antibiotics for Appendicitis, Study Finds 2Health News:Surgery May Beat Antibiotics for Appendicitis, Study Finds 3
... 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 ...
... 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 ...
... 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: