Navigation Links
China Pharma Holdings, Inc. Reports Full Year 2010 Financial Results
Date:3/3/2011

ased to $79 million in 2010 from $61 million in 2009 and the current ratio rose to 7.1 times from 6.8 times.

Accounts receivable balance rose to $61.9 million in 2010 from $51.2 million at the end of 2009. The Company's management team continues to be sharply focused on improving accounts receivable collection and expects to make further progress in the quarters to come.

For the year ended December 31, 2010, cash flow from operating activities was $7.8 million, as compared to $10.7 million in 2009.  Most of this decline was due to higher working capital usage from higher advances to suppliers and inventory levels in 2010 compared to 2009. The Company believed the current market for raw materials was fairly tight and used the opportunity in late 2010 to stock up its warehouses.

"In 2011, we anticipate adding new higher-margin revenue streams to our upcoming new products, which should help offset pockets of margin pressure coming from higher raw material costs and more competitive pricing due to government reform policies.   Overall we are very optimistic that we have the right mix of products and pipeline opportunities to position China Pharma to benefit from China's unprecedented $124 billion healthcare reform program," said Ms. Li.  "We believe our success in 2011 and beyond will be defined by our high-quality manufacturing facilities and promising pipeline, strong distribution relationships, and commercialization expertise."

Pipeline UpdateAs of December 31, 2010, China Pharma had nine pipeline drugs in different stages of active development.  The development of three of such products is highlighted below:

  • The Company completed clinical trials of Candesartan, a front-line drug therapy for the treatment of hypertension. The Company has completed all testing procedures and currently awaits final SFDA production approval.
  • The Company completed clinical trials of Rosuvastatin, a generic form of Cre
    '/>"/>

  • SOURCE China Pharma Holdings, Inc.
    Copyright©2010 PR Newswire.
    All rights reserved

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

    Related medicine technology :

    1. China Pharma Holdings, Inc. to Report Fiscal Year 2010 Financial Results on March 3, 2011
    2. China Nepstar Chain Drugstore to Report Fourth Quarter and Fiscal Year 2010 Financial Results on March 16, 2011
    3. Health on the Agenda at Food ingredients Asia-China Trade Show
    4. Sanofi-Aventis Announces Approval and Closing of BMP Sunstone Acquisition Creating a Strong Consumer Health Care Platform in China
    5. NSF International Opens NSF Shanghai Testing Laboratory in China to Support Increasing Demand for Testing and Certification Services
    6. Global Sources extends its contract with AsiaWorld-Expo to host China Sourcing Fairs in Hong Kong through 2014
    7. Additional 8 Products of DK Sinopharma, Inc. are Included in 2010 Provincial Medical Insurance Catalogs in 4 Separate Provinces in the Peoples Republic of China
    8. China Medical Technologies Reports Third Fiscal Quarter Financial Results
    9. China SHESAYS Updates on Progress of Commencing Operations at its New Flagship Hospital
    10. ThermoGenesis Reports Second Quarter 2011 Results; Increased Presence in China
    11. China-Biotics, Inc. Reports Record Quarterly Net Sales for the Third quarter of Fiscal Year 2011
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:7/23/2014)... W.Va. , July 23, 2014 /PRNewswire-iReach/ -- The ... a new five-state Quality Innovation Network-Quality Improvement Organization (QIN-QIO) ... Medical Institute (WVMI). Effective August 1, WVMI ... West Virginia , Pennsylvania ... Jersey and Louisiana.  The Network will engage ...
    (Date:7/23/2014)... 23, 2014 Creekridge Capital, an independent ... new vendors so far in 2014 to their ... vendors are from both the healthcare and technology ... large, well-known multi-national companies. Each of these new ... financing products including: standard leasing products, subscription solutions, ...
    (Date:7/23/2014)... 2014  When it comes to welcoming our new robot ... roll out the red carpet. Healthcare is one ... 9000-like robots into our human sphere. With healthcare concerns top ... need to apply new technologies to help with old problems. ... robotics is expected to increase from $1.7 billion now to ...
    Breaking Medicine Technology:Announcing a New Regional Approach to Medicare Quality Improvement 2Creekridge Capital Signs Several New Vendor Partners 2
    ... Aug. 26 The Oregon Tourism Commission,launched its ... Program,(Q Care) this week on http://www.OregonQCare.com ., ... created to support the tourism and,hospitality industry through ... customer service, the training will equip,employees with tools ...
    ... Semafore Pharmaceuticals Inc.,announced data presented at the ... Washington, D.C., showing additional antiangiogenic,activity of vascular-targeted PI3 ... Bv8 signaling., PI3K is part of a ... been shown to play a major role in ...
    Cached Medicine Technology:Oregon Tourism Commission Unveils New Online Customer Service Training Program 2SF1126, Semafore's PI3 Kinase Inhibitor, Found to Block Angiogenic Signaling From Both VEGF and Bv8 in Multiple Cell Lines 2SF1126, Semafore's PI3 Kinase Inhibitor, Found to Block Angiogenic Signaling From Both VEGF and Bv8 in Multiple Cell Lines 3
    (Date:7/23/2014)... China,s Northwest Agricultural and Forestry University in Shaanxi province, ... memorandum of agreement that lays the groundwork for establishing ... China. , The signing ceremony was held in the ... officials of the U.S. Department of Agriculture and China,s ... a landmark event for UC Davis and for our ...
    (Date:7/23/2014)... 2014 Thousands of DePuy Pinnacle hip ... a federal multidistrict litigation underway in U.S. District Court, ... to an Order dated July 18th, U.S. District Judge ... of a $1,000 fee for the preservation and return ... other things, the Order noted that there is no ...
    (Date:7/23/2014)... PA (PRWEB) July 23, 2014 Four ... have been lauded in the latest ranking of the ... Report . Released online today and slated for ... Guide recognizes Allegheny General Hospital (AGH), Forbes Hospital, Saint ... medical centers across multiple clinical specialties. , ...
    (Date:7/23/2014)... Amy Norton HealthDay Reporter ... timing of a girl,s first menstrual period may be determined ... study suggests. Researchers have identified over 100 regions ... -- a woman,s first menstrual period. The researchers hope these ... of diseases ranging from type 2 diabetes to breast cancer. ...
    (Date:7/23/2014)... Ticket Down is a reputable ... at Michigan Stadium . One of the most anticipated ... held at the Big House in Ann Arbor. Michigan Stadium, ... home to a game between Manchester United from the English ... will be held on August 2nd and could be the ...
    Breaking Medicine News(10 mins):Health News:Global food safety research agreement signed by China and UC Davis 2Health News:Global food safety research agreement signed by China and UC Davis 3Health News:DePuy Pinnacle Hip Lawsuits Move Forward, as Federal Judge Denies Hospital Bid for $1000 Explant Fee, Bernstein Liebhard LLP Reports 2Health News:DePuy Pinnacle Hip Lawsuits Move Forward, as Federal Judge Denies Hospital Bid for $1000 Explant Fee, Bernstein Liebhard LLP Reports 3Health News:DePuy Pinnacle Hip Lawsuits Move Forward, as Federal Judge Denies Hospital Bid for $1000 Explant Fee, Bernstein Liebhard LLP Reports 4Health News:Four Allegheny Health Network Hospitals Named High Performers by U.S. News 2Health News:Four Allegheny Health Network Hospitals Named High Performers by U.S. News 3Health News:Gene Study Gives New Insight Into Puberty in Girls 2Health News:Gene Study Gives New Insight Into Puberty in Girls 3Health News:Real Madrid vs. Manchester United Tickets Ann Arbor: Ticket Down Slashes Ticket Prices for ManU vs. Real Madrid Guinness International Champions Cup Tickets 2Health News:Real Madrid vs. Manchester United Tickets Ann Arbor: Ticket Down Slashes Ticket Prices for ManU vs. Real Madrid Guinness International Champions Cup Tickets 3
    ... country of Tanzania were more likely to stop taking ... to pay for the drugs themselves. , According the ... and Duke University Medical Center researchers, HIV-infected patients who ... fare better. , Our findings suggest that efforts to ...
    ... may have solved the mystery surrounding the healing properties of ... gold salts as a treatment for rheumatoid arthritis and other ... in the early 1900s to ease the pain and swelling ... cost: The shots took months to take effect and ...
    ... TORONTO, Oct. 22 /PRNewswire/ - IntelliPharmaCeutics Ltd. ... to its generic drug,commercialization activities. In ... that the Company,s operating,affiliate IntelliPharmaCeutics Corp. ("IntelliPharmaCeutics") ... Drug Administration for the filing of,IntelliPharmaCeutics, generic ...
    ... MRSA on Contact, LAS VEGAS, Oct. ... (Website: http://www.skinvisible.com ) has formulated,a product ... of the Super-Bug, MRSA,(methicillin-resistant Staphylococcus aureus) in ... antibacterial hand sanitizer lotion made,with Invisicare(R), is ...
    ... of Federal Pre-Emption in Riegel v. Medtronic, Inc., ... the Advanced Medical Technology Association,(AdvaMed) filed a joint amicus ... of Riegel v. Medtronic, Inc. arguing that the FDA ... The brief states that,no other legislative or regulatory entity ...
    ... of Plastic Surgeons Donates Helmets to Local Public,Schools, ... of,Plastic Surgeons (ASPS) will donate 2,000 multi-sport helmets ... prevent facial injuries and,fractures. The event will be ... Thursday, October 25, from 10:00 - 11:30 a.m., ...
    Cached Medicine News:Health News:Clues to ensuring anti-HIV drugs are taken in Africa 2Health News:Clues to ensuring anti-HIV drugs are taken in Africa 3Health News:Scientists discover how gold eases pain of arthritis 2Health News:IntelliPharmaCeuitics Ltd. Announces Generic Drug Commercialization Activities 2Health News:Future MRSA Outbreaks in Schools are Preventable! 2Health News:Future MRSA Outbreaks in Schools are Preventable! 3Health News:Amicus Brief Filed with U.S. Supreme Court in Riegel v. Medtronic, Inc. 2Health News:Children of Baltimore Get Free 'Helmets 4 Safety' 2Health News:Children of Baltimore Get Free 'Helmets 4 Safety' 3
    Exactech's AcuMatch C-Series (cemented femoral stem) is designed to provide solutions to the problems which compromise both the short and long term successful outcome of cemented hip arthroplasty....
    The uncemented hip joint prosthesis system....
    The proximally modular S-ROM Total Hip System provides custom capability at non-custom prices and is competitive with conventional porous coated systems....
    The Natural-Hip combines the surgical simplicity of a straight stem with many of the best features of an anatomic stem....
    Medicine Products: