Navigation Links
Global Pharm Announces the Closing of US$15 Million Redeemable Convertible Bonds Financing
Date:10/26/2011

SHENZHEN, China, Oct. 26, 2011 /PRNewswire-Asia/ -- Global Pharm Holdings Group, Inc. (OTCBB: GPHG) ("Global Pharm" or the "Company"), a China-based, growing vertically integrated pharmaceutical company engaged in pharmaceutical-related products distribution, Traditional Chinese Medicine ("TCM") herbs cultivation and processing business through its subsidiaries in Anhui, Jilin, Guangdong and Shandong provinces, today announced that it has completed the entire US$15 million redeemable convertible bonds financing (the "Financing") by Blazer Delight Limited, an investment vehicle owned by a fund managed by Asia-based Gen2 Partners Limited ("Gen2 Partners").

Global Pharm will use the net proceeds from this Financing for the expansion of the Company's and its subsidiaries' distribution network within the People's Republic of China ("PRC"); for acquisitions of pharmaceutical companies in the PRC; and for general working capital purposes.

The Financing has been completed with two closings. Specifically, on September 21, 2011, the Company issued redeemable convertible bonds in the aggregate principal amount of US$10,000,000 under the Financing. Twenty business days later, on October 20, 2011, the Company issued redeemable convertible bonds in the aggregate principal amount of US$5,000,000, and completed the Financing. Any time on or prior to the maturity dates, the bonds are convertible into common stock of the Company at a price of US$5.00 per share.

"We are pleased to announce our partnership with Gen2 Partners, one of the leading investment management and advisory companies in Asia," commented Mr. Yunlu Yin, Chairman and Chief Executive Officer of Global Pharm. "Global Pharm and Gen2 Partners have reached an affirmative prospect for the Company's regional-focused distribution strategy and its acquisition plan. This Financing will assist us to accelerate the consolidation plan of our newly acquired subsidiaries and strengthen our TCM cultivation
'/>"/>

SOURCE Global Pharm Holdings Group, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Global Eyeglasses Industry
2. S*BIO to Initiate Global Phase 3 Clinical Trials of its Novel JAK2 Inhibitor Pacritinib for Treatment of Myelofibrosis (MF)
3. CPhI Global Portfolio Expands into South East Asia
4. Gastric Cancer - Global Drug Forecasts and Treatment Analysis to 2020 - Volume I 2011
5. MarketsandMarkets: Global Orthopedic Devices Market Expected to Reach $57.9 Billion by 2016
6. White Smile Global Inc. Proudly Announces the Introduction of a New Innovative White Smile® Professional™ Dental "In-Office" Teeth Whitening Kit
7. Intarcia and Quintiles Sign Letter of Intent for Innovative Global Collaboration to Advance ITCA 650 in Type 2 Diabetes
8. SPX to Acquire e&e, a Global Supplier of Extraction, Evaporation, Vacuum and Freeze Drying Technologies
9. Global Sources opens six trade shows with worlds top buyers registered to attend including Adidas, AEON, American Greetings, Brookstone, Casino, Coles Group, Mothercare, Next, Sears and Woolworths
10. Robertson Global Health Solutions Announces Commercial Venture with Telemedicine Africa
11. AMD Alliance, Representing AMD Patient Organizations Globally, Encourages Health Care Providers to Stop Using Avastin for Off-Label Ocular Use
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/31/2015)... WAYNE, Pa. , July 31, 2015 /PRNewswire/ ... a fully integrated specialty pharmaceutical company focused on ... announced the closing of its previously announced underwritten ... stock at a public offering price of $11.25 ... the offering included 1,000,000 shares issued upon the ...
(Date:7/31/2015)... , July 31, 2015 ... for video, data and cloud computing operators has ... leading pharma giant for Internet of Things (IoT) ... applications offered on subscription model.      ... giant is striving for business innovations to make ...
(Date:7/30/2015)... (NYSE: RMD ) today announced results for its ... was $453.1 million, a 9 percent increase compared with ... increase on a constant currency basis).  Net income was ... 2014.  Diluted earnings per share for the quarter were ... The results for the quarter ended ...
Breaking Medicine Technology:Egalet Announces Closing of Public Offering of Common Stock and Exercise in Full of Underwriters' Option to Purchase Additional Shares 2Egalet Announces Closing of Public Offering of Common Stock and Exercise in Full of Underwriters' Option to Purchase Additional Shares 3Egalet Announces Closing of Public Offering of Common Stock and Exercise in Full of Underwriters' Option to Purchase Additional Shares 4Magnaquest Signs a POC With a Leading Pharma Giant in Europe to Manage Subscription Management and Billing for Internet of Things (IoT) 2ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 2ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 3ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 4ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 5ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 6ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 7ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 8ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 9ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 10ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 11ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 12ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 13ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 14ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 15ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 16
... BETHLEHEM, Pa., Oct. 20, 2011 MedClean Technologies ... leading provider of onsite technology for the treatment ... of confidential documents and related media, today announced ... environmental firm specializing in consulting, waste disposal, engineering ...
... Oct. 20, 2011 Dey Pharma L.P., a subsidiary of ... the U.S. Patent and Trademark Office (PTO) has issued Reexamination ... (Formoterol Fumarate) Inhalation Solution 20 mcg/2mL vial thereby confirming ... Pharmaceuticals, requested the PTO to re-examine these patents, which now ...
Cached Medicine Technology:MedClean Technologies Partners With Triumvirate Environmental 2MedClean Technologies Partners With Triumvirate Environmental 3Mylan's Dey Pharma Successfully Obtains Patent Reexamination Certificates for Two Perforomist® Patents 2
(Date:7/31/2015)... ... ... The 2nd annual Ride to Fight On will start and end near ... Ride to Fight On is a cycling fundraiser that benefits the West Cancer Center, ... The University of Tennessee Health Science Center. A health and wellness festival featuring food, ...
(Date:7/31/2015)... ... 31, 2015 , ... There’s no better way to enjoy the summer weather ... cook the next meal, making July the most appropriate to be National Hot Dog ... recipes. , Make the next cookout different than the ones in the past. Celebrate ...
(Date:7/31/2015)... ... 31, 2015 , ... Facebook, Twitter, Linkedin and blogs are ... media profiles to better connect with the public. The agency website at ... insights and opinions. The Rally Insurance Group, Inc.’s pledge to provide effortless ways ...
(Date:7/31/2015)... Fort Washington, PA (PRWEB) , ... July 31, 2015 , ... ... medical specialties, is excited to launch three new Board Exam Courses. , The ... The Smartest Doc Board Exam Prep from MDLinx makes preparing for the exam easy ...
(Date:7/31/2015)... Angeles, CA (PRWEB) , ... July 31, 2015 , ... According to the article ... third floor of the Pasadena courthouse was contained and extinguished by the city’s fire department ... was in the building at the time of the fire, and it was a fire ...
Breaking Medicine News(10 mins):Health News:West Cancer Center Announces 2nd Annual Ride to Fight On 2Health News:West Cancer Center Announces 2nd Annual Ride to Fight On 3Health News:King Kullen Honors National Hot Dog and Blueberry Month 2Health News:King Kullen Honors National Hot Dog and Blueberry Month 3Health News:Rally Insurance Group, Inc. Connects to Customers Through Re-branded Social Media Profiles 2Health News:MDLinx Offers Three New Board Exam Prep Courses - Gastroenterology, Pulmonology and Allergy/Immunology 2Health News:MDLinx Offers Three New Board Exam Prep Courses - Gastroenterology, Pulmonology and Allergy/Immunology 3Health News:Article on Recent Pasadena Courtroom Fire Highlights the Effectiveness of Fire Alarm Systems, Says Fire Protection Group Inc 2Health News:Article on Recent Pasadena Courtroom Fire Highlights the Effectiveness of Fire Alarm Systems, Says Fire Protection Group Inc 3
... 31 On April 1, the federal cigarette tax will ... pack, to fund the expansion of the State Children,s Health ... A new survey shows that the April 1st federal ... concerns for smokers and will change their current smoking habits.(2)The ...
... Health today announced that its Clinical and Medical ... off later this year as CareFusion Corporation, will ... six months and eliminate an additional 500 positions ... addition, Cardinal Health will implement cost control measures ...
... Scientific Company (ESC) is demonstrating a critical technology ... which link healthcare enterprises into the Nationwide Health ... Management Systems Society (HIMSS) conference, April 5-8, 2009. ... problem healthcare enterprises face in providing interoperable, authorized ...
... testimony today before the U.S. Senate Committee on Agriculture, ... revise school food nutrition standards so that more nutritious ... federal nutrition standards for foods sold outside of the ... updated since the late 1970s. , ...
... Infusing cells into damaged area helped restore blood flow, ... Treating a heart attack with the patients, own bone ... and may help reduce long-term complications, a new U.S. ... underwent angioplasty and stent placement after a heart attack. ...
... for dieters who face food challenges in the break room every ... shows that our resistance gets a boost after we,ve just ... a real one for many of us. It is all too ... with their desire to smoke or to drink alcohol or to ...
Cached Medicine News:Health News:Federal Cigarette Tax Increase and Current Economy Will Change Smoker's Habits 2Health News:Federal Cigarette Tax Increase and Current Economy Will Change Smoker's Habits 3Health News:Federal Cigarette Tax Increase and Current Economy Will Change Smoker's Habits 4Health News:Cardinal Health to Reduce Workforce to Respond to Economic Conditions 2Health News:Cardinal Health to Reduce Workforce to Respond to Economic Conditions 3Health News:Edmond Scientific Company Demonstrates RHIO/HIE Data Security and Privacy Solution for the NHIN at Annual HIMSS Conference, Chicago '09 2Health News:Mars Snackfood Urges U.S. Congress to Update National School Nutrition Standards 2Health News:Mars Snackfood Urges U.S. Congress to Update National School Nutrition Standards 3Health News:Patient's Own Stem Cells Might Treat Heart Attack 2Health News:Learning curve: Tricks to resist temptation 2
... Finntips have been designed to optimize the ... of our tip products is widely recognized ... range has been extended over the years ... standard and special tips including filter tips, ...
This 10 L tip was designed for the Pipetman P-2 and P-10. Its MicroPoint design and 2 L reference mark make it ideal for low volume pipetting....
... Peroxidase stain is the gold standard ... better agreement with your technologists manual ... efficiency. ,True RBC morphology advances cell ... allows for the differentiation of various ...
... Resistant Tips offer a safe alternative to ... designed for applications such as PCR(a), pipetting ... ART Tips are excellent for tissue culture, ... ART Tips prevent aerosol contaminants and liquids ...
Medicine Products: