Navigation Links
China Pharma Holdings, Inc. Reports Second Quarter 2011 Financial Results
Date:8/11/2011

HAIKOU CITY, China, Aug. 11, 2011 /PRNewswire-Asia-FirstCall/ -- China Pharma Holdings, Inc. (NYSE AMEX: CPHI) ("China Pharma" or the "Company"), a specialty pharmaceuticals company in China, today announced financial results for the quarter ended June 30, 2011.

Second Quarter 2011 Highlights

  • Revenue increased 18% to $19.6 million from $16.6 million in the Second quarter of 2010.
  • Cashflow from operations rose 10% to $3.6 million from $3.3 million in first six months of 2010.
  • Net income, excluding the impact of change in fair value of derivative liability, fell 9% to $4.8 million, compared to $5.3 million in the second quarter of 2010 due to lower gross margins and higher tax rate in 2011.

    • "In the second quarter of 2011 we achieved solid sales growth primarily due to strong performances by our Anti-Viro Infection & Respiratory and our CNS Cerebral and Cardio Vascular product categories. We continue to face pricing pressures across several of our product categories during the quarter, but we expect gross margin and revenue to benefit from anticipated launches of Candesartan and Rosuvasatin in the months ahead," said Ms. Zhilin Li, China Pharma's Chairman and CEO. "In addition to the expected launch of these two higher margin products, we continue to advance our novel cephalosporin-based combination antibiotic through Phase II clinical trials. Commercializing exciting new drugs like this, along with first-to-market generic medicines, is an important part of our strategy to enhance China Pharma's growth and profitability."  

    Second Quarter 2011 ResultsRevenues for the quarter ended June 30, 2011 were $19.6 million, up 18% from revenues of $16.6 million for the quarter ended June 30, 2010. Sales growth in the second quarter was led by the Anti-Viro Infection & Respiratory and also the C
    '/>"/>

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

    0

    GOOD

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

    Related medicine technology :

    1. China Medical Technologies Announces SFDA Approvals for its Prostate Cancer FISH Detection Kit and TOP2A FISH Detection Kit
    2. China Medical Technologies Announces the First Inclusion of FISH Tests for Diagnosis of Certain Hematological Malignancies in the Clinical Guidelines Issued by the MOH
    3. China Sky One Medical Announces Second Quarter 2011 Results
    4. China Medical Technologies and Leica Microsystems Announce Collaboration
    5. China Sky One Medical Announces Conference Call to Discuss Second Quarter 2011 Results
    6. China Nepstar Chain Drugstore to Report Second Quarter 2011 Financial Results on August 23
    7. China Medical Technologies to Announce Results for the First Fiscal Quarter Ended June 30, 2011 on August 16, 2011
    8. China Pharma Holdings, Inc. to Report Second Quarter 2011 Financial Results on August 11, 2011
    9. China Orthopedic Devices Market Outlook to 2017 - Joint Reconstruction, Spinal Surgery, Orthobiologics, Trauma Fixation and Others
    10. China Kanghui Holdings to Report Second Quarter 2011 Financial Results on August 16, 2011
    11. China Nuvo Solar Target Acquisition SurgLine Announces Third-Party Distribution Agreement With OptiMedical, Corp.
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:5/24/2013)... May 24, 2013 China Biologic Products, Inc. ... fully integrated plasma-based biopharmaceutical company in China ... learned from a public announcement issued by Shanghai RAAS ... listed on Shenzhen Stock Exchange, that on May 21, ... ("Ms. Chan"), one of the shareholders of the Company, ...
    (Date:5/24/2013)... , May 24, 2013  Sinovac Biotech Ltd. ... of biopharmaceutical products in China ... subsidiary company of Sinovac, obtained the Certificate of ... from the China State and Food Administration (CFDA) ... production plants, and its Changping filing and packaging ...
    (Date:5/23/2013)... 3SBio Inc. (NASDAQ: SSRX ... China -based biotechnology company focused on ... today that, at an extraordinary general meeting held ... favor of the proposal to authorize and approve ... dated February 8, 2013, among Decade Sunshine Limited, ...
    Breaking Medicine Technology:China Biologic Comments on the Proposed Shanghai RAAS Transaction 2China Biologic Comments on the Proposed Shanghai RAAS Transaction 3China Biologic Comments on the Proposed Shanghai RAAS Transaction 4Sinovac Beijing Obtains China GMP Certificate Under the New GMP Guidelines 2Sinovac Beijing Obtains China GMP Certificate Under the New GMP Guidelines 33SBio Inc. Announces Shareholders' Approval of the Amended Merger Agreement 23SBio Inc. Announces Shareholders' Approval of the Amended Merger Agreement 3
    (Date:5/24/2013)... York, NY (PRWEB) May 24, 2013 ... Antigua (AICASA) has signed an articulation agreement with ... their students to study abroad in Antigua. ... three college credits after participating in a cell biology ... an articulation agreement with American University of Antigua ...
    (Date:5/24/2013)... recommended well-child visits had up to twice the risk ... their visits, according to a study published today in ... study included more than 20,000 children enrolled at Group ... asthma and heart disease were even more likely to ... study. In fact, children with chronic conditions who ...
    (Date:5/24/2013)... New research presented today shows that formation of new ... for its importance in learning and remembering - could ... of existing brain circuits. Drs. Paul Frankland and ... in Toronto, argue this reorganization could have the positive ... increasing capacity for new learning. These results were ...
    (Date:5/24/2013)... , , THURSDAY, May 23 (HealthDay News) -- Type 2 ... signs of serious complications seen just a few years ... the latest results, it seems like type 2 is ... senior vice president of medical affairs and community information ... and it appears to be at a more significant ...
    (Date:5/24/2013)... MonaVie announces the appointment of Mauricio Patrocinio, vice ... the Ethics Board of ABEVD (Brazilian Association of Direct Sales ... this council and will do my best to promote and ... Patrocinio. , The direct selling industry is booming in Brazil ... selling industry has, for decades, helped improve the lives of ...
    Breaking Medicine News(10 mins):Health News:AICASA Signs Articulation Agreement with Old Dominion University to Create Study Abroad Program 2Health News:Young children who miss well-child visits are more likely to be hospitalized 2Health News:Young children who miss well-child visits are more likely to be hospitalized 3Health News:New neuron formation could increase capacity for new learning, at the expense of old memories 2Health News:Type 2 Diabetes Progresses Faster in Kids, Study Finds 2Health News:Type 2 Diabetes Progresses Faster in Kids, Study Finds 3Health News:MonaVie Brazil Executive Elected to Ethics Board of ABEVD 2
    ... of Vertebral Subluxation Research (JVSR), suggests that chiropractic ... from learning disabilities and dyslexia.// ,The research ... president of the Swiss Chiropractic Pediatric Association, who ... learning and behavioral disorders. ,'This review ...
    ... Ranchi: Doctors in Jharkhand who were appointed on contract went ... ,Around 2,000 doctors were appointed three years ago on ... are now demanding that their job be regularised. ... Secretary M.K. Mandal on Monday, but they failed to reach ...
    ... If you ask about her child, Sita Devi's eyes well ... died in her arms. Although she managed to take her ... Hospital, it was too late. ,'Still we tried our ... was a case of severe malnutrition. 'But the child had ...
    ... novel study has indicated the benefits of tomato and broccoli ... present in both the vegetables, are a great blessing in ... than in isolation. ,It is estimated that ... prostate cancer, making it the most notorious of male cancers. ...
    ... together for a conference on drink and drug abuse in ... going to be a year long deliberation on the issue. ... the parliament's corporate body to ascertain the key problems facing ... and international organizations. ,Scotland's Futures Forum, in a ...
    ... virus has struck in Northern Thailand; health officials have confirmed ... than 100 ducks in Phitsanulok province.// ,Nirand ... Development said, "We have found the H5N1 virus in the ... area to be killed." ,The place in question ...
    Cached Medicine News:Health News:Chiropractic Care May Help Children With Learning Disorders 2Health News:Madhya Pradesh Has India's Most Malnourished Kids 2Health News:Madhya Pradesh Has India's Most Malnourished Kids 3Health News:Tomato and Broccoli Combo may Help Fight Prostate Cancer 2
    0.5 mm angled tip. Round knurled handle with dull finish. Tip angle: 130 degrees....
    0.2 mm, 90o angled tip. Flat smooth handle with polished finish....
    Excellent during IOL insertion while pushing the trailing haptic into position. Gently curved shaft and round handle....
    ... was designed to lift and reposition a ... postoperatively. The curved chisel end is designed ... edge and then cleanly cut through the ... and reposition the flap after the laser ...
    Medicine Products: