Navigation Links
Jiangbo Pharmaceuticals Announces Fourth Quarter and Fiscal Year 2010 Results
Date:9/30/2010

Jiangbo Pharmaceuticals Announces Fourth Quarter and Fiscal Year 2010 Results -- LAIYANG, China, Sept. 30 /PRNewswire-Asia-FirstCall/ --


Advanced Search Search

  
Close
  1. Send a release
  2. Member sign in
  3. Become a member
  4. For journalists
  5. Global sites
PR Newswire: news distribution, targeting and monitoring
  1. Products & Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
Health Care & Hospitals, Medical Pharmaceuticals, Pharmaceuticals, Earnings Forecasts & Projections, Earnings Click to view news release full screen  

Jiangbo Pharmaceuticals Announces Fourth Quarter and Fiscal Year 2010 Results

 

LAIYANG, China, Sept. 30 /PRNewswire-Asia-FirstCall/ -- Jiangbo Pharmaceuticals, Inc. (Nasdaq: JGBO) ("Jiangbo" or the "Company"), a pharmaceutical company with its principal operations in the People's Republic of China, today announced financial results for its fourth quarter and fiscal year ended June 30, 2010. The Company's annual report on Form 10-K has been filed with the U.S. Securities and Exchange Commission and is available on the Company's website.

Fiscal Year 2010 Corporate Event Highlights -- On June 8, 2010, Jiangbo's common stock began trading on The NASDAQ Global Market -- On June 10, 2010, Jiangbo announced that it had obtained SFDA approval to produce Felodipine sustained release tablets, which is a well recognized generic drug to treat hypertension -- Effective July 1, 2010, Mr. Linxian Jin took over the role of CEO from the Company's Chairman, Mr. Wubo Cao, who will continue his role as the Chairman of the Company's Board Fourth Quarter FY 2010 Highlights: -- Revenues decreased 5.9% year-over-year to $29.3 million -- Gross profit was $21.1 million, a 8.2% decrease from the comparable period in 2009 -- Operating income decreased 17.1% year-over-year to $14.7 million -- Net income decreased 37.5% to $7.2 million, or $(0.39) per fully diluted share -- Non-GAAP adjusted net income was $9.8 million, or $0.65 per fully diluted share, for the three months ended June 30, 2010, down 19.1% from non-GAAP adjusted net income of $12.1 million, or $0.81 per fully diluted share, for the quarter ended June 30, 2009 Fiscal Year 2010 Highlights: -- Total revenue decreased 17.0% year-over-year to $97.4 million -- Gross profit decreased 20.3% to $71.3 million, as compared to the results in fiscal year 2009 -- Operating income decreased 3.1% year-over-year to $48.2 million -- Net income grew 3.4% to $29.9 million, as compared to the results in fiscal year 2009 -- Non-GAAP adjusted net income was $30.9 million, or $2.04 per fully diluted share in fiscal year of 2010, down 13.0% from non-GAAP adjusted net income of $35.6 million, or $2.46 per fully diluted share in fiscal year 2009

"Fiscal year 2010 was a transitional year for Jiangbo as we worked to upgrade our traditional Chinese medicine ("TCM") production facility and prepared for the introduction of new drugs. We are very pleased to have our shares begin trading on The NASDAQ Global Market, which is a significant milestone for our company," commented Mr. Jin, Jiangbo's Chief Executive Officer. "We are encouraged by the SFDA approval of our sustained release Felodipine tablets, which we believe will help counterbalance revenue declines of some of our more mature products such as Itopride and Baobaole Chewable tablets. While we have experienced delays in the renovation of our Hongrui facility for traditional Chinese medicine, we now expect to commence production of six of Hongrui's TCM products in October."

Fourth Quarter Results

Total revenue decreased 5.9% year-over-year to $29.3 million from $31.2 million. The Company carried five drugs during the quarter ended June 30, 2010, with Clarithromycin sustained release tablets accounting for 43.0% of total sales, Itopride Hydrochloride granules 24.4%, Baobaole chewable tablets 16.7%, and Radix Isatidis dispersible tablets 15.7% during the quarter. The year- over-year decrease in fiscal fourth quarter 2010 revenues reflects a 30.5% decline in sales of Baobaole chewable tablets, partly offset by sales increases of Clarithromycin sustained release tablets and Radix Isatidis dispersible tablets by 21.9% and 45.1%, respectively.

Gross profit decreased 8.2% to $21.1 million, from $23.0 million in the comparable period of fiscal year 2009. Gross margin decreased to 72.0% from 73.8% in the year ago quarter, mainly reflecting higher raw material costs for TCM herbs due to natural disasters in Southern China during the second half of fiscal year 2010. During the fourth quarter of fiscal year 2010, TCM accounted for about 20% of total cost of sales.

Selling, general and administrative expenses increased 26.8% to $5.3 million from $4.2 million in the same period of fiscal year 2009, primarily due to more marketing and promotional expenditures in the last quarter of fiscal year 2010 and more public company related expenses that were incurred in the same quarter.

Operating income decreased 17.1% to $14.7 million, as compared to $17.7 million in the same period of fiscal year 2009. Operating margin as a percentage of revenue decreased to 50.1% from 56.8% in the same period of fiscal year 2009.

Other expenses, comprised primarily of interest expenses, amortization expenses on convertible debentures, and change in fair value of derivative liabilities, were $3.2 million compared to $1.5 million for the three months ended June 30, 2009. Interest expense increased 140.5% to $4.2 million in the fourth quarter of fiscal year 2010, compared to $1.8 million in the year ago period, as a result of additional penalty interest incurred due to the Company's delinquency in paying interest to its convertible debenture holders and its convertible note holders, and significantly increased amortization expenses related to write off of unamortized debt discount as convertible notes were converted into the Company's common shares.

The provision for income taxes was $4.3 million in the fourth quarter of fiscal year 2010, compared to $4.7 million for the three months ended June 30, 2009.

Net income decreased 37.5% to $7.2 million from $11.5 million in the prior year's comparable period, representing basic earnings per share of $0.62. Diluted earnings per share for the fourth quarter of fiscal year 2010 were $(0.39).

Excluding the impact of a loss from discontinued operations of approximately $43,023, an unrealized loss on investments of $0.1 million, a gain in fair value of derivative liabilities of $1.1 million, and amortization of debt discount and issuance costs related to convertible debentures of $3.5 million, non-GAAP adjusted net income for the fourth quarter of fiscal year 2010 was $9.8 million, or $0.85 per basic share, as compared to $12.1 million, or $1.15 per basic share, in the fourth quarter of fiscal year 2009. Non GAAP adjusted fully diluted earnings per share were $0.65, as compared to $0.81 in the fourth quarter of fiscal year 2009. (For a reconciliation of adjusted non- GAAP net income and basic and diluted earnings per share with their nearest GAAP equivalents, please see the table at the end of this press release.)

Fiscal Year 2010 Results

Total revenue for fiscal year 2010 decreased 17.0% to $97.4 million from $117.4 million in fiscal year 2009. Gross profit decreased 20.3% to $71.3 million, as compared to $89.5 million in the prior year. Gross margin was 73.2%, compared to 76.2% last year, primarily due to reduced per unit sales prices as part of the Company's effort to restructure its distribution and sales system in January 2009 and, to a lesser extent, due to higher TCM herb raw material costs during second half of fiscal year 2010. Operating income decreased 3.1% to $48.2 million from $49.8 million in fiscal year 2009. Operating margin increased to 49.5% from 42.4% in the prior year, mainly reflecting significantly reduced commission to the Company's sales representatives after the distribution restructuring. Net income increased 3.4% to $29.9 million, as compared to $28.9 million in fiscal year 2009. Net margin as percentage of revenue expanded 6.0 percentage points to 30.6% from 24.6% in the comparable period. Fully diluted earnings per share were $1.36, compared to $0.09 in fiscal year 2009.

Excluding the impact of a loss from discontinued operations of $0.2 million, an unrealized gain on investments of $0.2 million, a gain in fair value of derivative liabilities of $14.6 million and amortization of debt discount and issuance costs related to convertible debentures of $15.6 million, non-GAAP adjusted net income for fiscal year 2010 was $30.9 million, or $2.79 per basic share, as compared to $35.6 million, or $3.54 per basic share, in fiscal year 2009. Non-GAAP adjusted diluted earnings per share were $2.04 in fiscal year 2010, as compared to $2.46 in fiscal year 2009.

Financial Condition

As of June 30, 2010, the Company had $108.6 million in cash, as compared to $104.4 million at the end of fiscal year 2009. Working capital was $88.5 million, down from $99.8 million as of June 30, 2009. Shareholders' equity was $134.5 million, as compared to $126.1 million at the end of fiscal year 2009.

The Company generated $20.3 million in cash flow from operating activities in fiscal year 2010. Net cash flow used in investing activities was $16.6 million in fiscal year 2010, which was primarily used to purchase land use rights of approximately $17.0 million, partially offset by proceeds of approximately $0.5 million from the sale of investments.

Due to restrictions on the Company's ability to transfer cash out of the PRC, the Company is delinquent in the payment of interest on its November 2007 Debentures and May 2008 Notes. Management has been in close discussions with holders of the November 2007 Debentures and May 2008 Notes in order to reach a resolution to this issue in the near-term.

Business Outlook and Guidance

Combined sales of the Company's top four products in fiscal year 2010 are expected to decline by 15% to 20% in fiscal year 2011, reflecting intensifying competition and the Chinese government's control over drug pricing under recent health care reform policies.

Incremental sales from the Company's recently approved Felodipine sustained release tablets and from the Company's TCM products to be manufactured at Hongrui are expected to largely offset this decline in 2011.

Management estimates that the portfolio of TCM drugs to be manufactured at Hongrui will generate revenues of $7 million to $15 million during the first year of production, beginning in the second quarter of fiscal year 2011. Felodipine is expected to generate revenues of $8 million to $12 million during the first twelve months after its launch, which took place in the first quarter of fiscal year 2011.

Based on current information, the Company expects that revenues for fiscal year 2011 will be in the range of $94 million and $96 million and net income, excluding the impact from change in fair value of derivative liabilities and expenses related to the Company's convertible debentures, will be in the range of $29 million and $31 million.

"We believe that our strong balance sheet and cash position provides Jiangbo with unique flexibility to acquire innovative new products and pursue strategic acquisitions. Presently we are evaluating select opportunities to enhance our growth prospects, strengthen our market position and vertically integrate our operations. With the transitional year of 2010 behind us, we believe that we are well positioned to create value for shareholders in 2011 and beyond," commented Mr. Jin.

Conference Call

Jiangbo Pharmaceuticals, Inc. management will host a conference call at 9:00 a.m. Eastern Time on Thursday, September 30, 2010 to discuss financial results for the fourth quarter fiscal 2010 ended June 30, 2010. The conference call will be hosted by Mr. Linxian Jin, CEO, and Ms. Elsa Sung, CFO, of Jiangbo. To participate in the live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: (800) 815-0215. International callers should dial +1 (706) 758-5465. The Conference ID for this call is 13613835. If you are unable to participate on the live call, a replay will be available for 14 days starting on Thursday, September 30, 2010 at 10:00 a.m. Eastern Time. To access the replay, dial (800) 642-1687, international callers dial (706) 645-9291. The Conference ID is 13613835.

Use of Non-GAAP Financial Information

This press release includes certain financial information, adjusted net income and adjusted fully diluted earnings per share, which are not presented in accordance with GAAP. Adjusted net income was derived by taking net income and adjusting it with a loss from discontinued operations, unrealized losses on trading securities and non-cash amortization of debt discount and debt issuance costs related to convertible securities. The Company's management believes that these non-GAAP measures provide investors with a better understanding of the Company's historical results from its core business operations. To supplement the Company's condensed consolidated financial statements presented on a GAAP basis, the Company has provided non-GAAP financial information, which is adjusted net income and adjusted earnings per share, excluding the impact of these items in this release. The non-GAAP information is not meant to be considered in isolation or as a substitute for GAAP financials. The non-GAAP financial information provided by the Company may also differ from non-GAAP information provided by other companies. A table below provides a reconciliation of the non-GAAP financial information to the nearest GAAP measure.

About Jiangbo Pharmaceuticals, Inc.

Jiangbo Pharmaceuticals is engaged in the research, development, production, marketing and sales of pharmaceutical products in China. The Company's operations are located in Eastern China in an Economic Development Zone in Laiyang City, Shandong Province. Jiangbo produces both western and Chinese herbal-based medical drugs in tablet, capsule, granule, syrup and electuary (sticky syrup) form. For additional information, please visit the Company's website (http://www.jiangbopharma.com).

Safe Harbor Statement

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the Company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to introduce, manufacture and distribute new drugs. Actual results may differ materially from predicted results, and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's ability to obtain raw materials needed in manufacturing, the continuing employment of key employees, the failure risks inherent in testing any new drug, the possibility that regulatory approvals may be delayed or become unavailable, patent or licensing concerns that may include litigation, direct competition from other manufacturers and product obsolescence. More information about the potential factors that could affect the Company's business and financial results is included in the Company's filings, available via the United States Securities and Exchange Commission.

- Financial Statements Follow - For more information, please contact: Jiangbo Pharmaceuticals, Inc. Ms. Elsa Sung, CFO Phone: +1-954-903-9378 x2 Email: elsasung@jiangbo.com http://www.jiangbopharma.com CCG Investor Relations Mr. Crocker Coulson, President Phone: +1-646-213-1915 Email: crocker.coulson@ccgir.com http://www.ccgirasia.com JIANGBO PHARMACEUTICALS, INC. AND SUBSIDIARIES (FORMERLY GENESIS PHARMACEUTICALS ENTERPRISES, INC.) CONSOLIDATED BALANCE SHEETS A S S E T S June 30, June 30, 2010 2009 (Unaudited) CURRENT ASSETS: Cash $108,616,735 $104,366,117 Restricted cash 11,135,880 7,325,000 Investments 168,858 879,228 Accounts receivable, net of allowance for doubtful accounts of $1,343,421 and $694,370 as of June 30, 2010 and 2009, respectively 33,195,201 19,222,707 Inventories 2,200,614 3,277,194 Other receivables 13,241 167,012 Other receivables - related parties 324,060 -- Advances to suppliers 260,688 236,496 Financing costs - current 435,634 680,303 Total current assets 156,350,911 136,154,057 PLANT AND EQUIPMENT, net 13,284,312 13,957,397 OTHER ASSETS: Long term prepayments 110,725 0 Restricted investments -- 1,033,463 Financing costs, net -- 556,365 Intangible assets, net 32,594,326 17,041,181 Total other assets 32,705,051 18,631,009 Total assets $202,340,274 $168,742,463 L I A B I L I T I E S A N D S H A R E H O L D E R S' E Q U I T Y CURRENT LIABILITIES: Accounts payable $4,113,219 $6,146,497 Short term bank loans 2,209,500 2,197,500 Notes payable 11,135,880 7,325,000 Other payables 3,888,035 2,152,063 Refundable security deposits due to distributors 3,829,800 4,102,000 Other payables - related parties 255,595 238,956 Accrued liabilities 4,899,829 1,356,898 Liabilities assumed from reorganization 524,614 1,565,036 Taxes payable 6,259,271 11,248,226 Derivative liabilities 18,497,226 -- Convertible debt, net of discount of $13,699,752 as of June 30, 2010 12,210,248 -- Total current liabilities 67,823,217 36,332,176 CONVERTIBLE DEBT, net of discount $28,493,089 as of June 30, 2009 -- 6,346,911 Total liabilities 67,823,217 42,679,087 COMMITMENTS AND CONTINGENCIES SHAREHOLDERS' EQUITY: Convertible preferred stock Series A ($0.001 par value; 20,000,000 shares authorized as of June 30, 2010 and 2009, respectively; 0 shares issued and outstanding as of June 30, 2010 and 2009) -- -- Common stock ($0.001 par value, 22,500,000 shares authorized, 11,701,802 and 10,435,099 shares issued and outstanding as of June 30, 2010 and 2009, respectively) 11,702 10,435 Paid-in-capital 30,846,915 48,397,794 Capital contribution receivable (11,000) (11,000) Retained earnings 92,797,859 67,888,667 Statutory reserves 3,253,878 3,253,878 Accumulated other comprehensive income 7,617,703 6,523,602 Total shareholders' equity 134,517,057 126,063,376 Total liabilities and shareholders' equity $202,340,274 $168,742,463 JIANGBO PHARMACEUTICALS, INC. AND SUBSIDIARIES (FORMERLY GENESIS PHARMACEUTICALS ENTERPRISES, INC.) CONSOLIDATED STATEMENTS OF INCOME AND OTHER COMPREHENSIVE INCOME (Unaudited) For the For the Three Months Ended Twelve Months Ended June 30, June 30, 2010 2009 2010 2009 REVENUES: Sales $29,308,512 $31,152,620 $97,443,897 $117,143,950 Sales- related parties -- 83 -- 244,026 TOTAL REVENUES, net 29,308,512 31,152,703 97,443,897 117,387,976 Cost of sales 8,195,200 8,149,727 26,097,103 27,854,747 Cost of sales - related parties -- 19 -- 54,519 COST OF SALES 8,195,200 8,149,746 26,097,103 27,909,266 GROSS PROFIT 21,113,312 23,002,957 71,346,794 89,478,710 RESEARCH AND DEVELOPMENT EXPENSE 1,100,700 1,099,875 4,400,100 4,395,000 SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 5,331,689 4,203,777 18,731,844 35,315,529 INCOME FROM OPERATIONS 14,680,923 17,699,305 48,214,850 49,768,181 OTHER (INCOME) EXPENSE, NET: Change in fair value of derivative liabilities (1,141,384) -- (14,631,455) -- Non-operating expense (income), net 162,061 (257,927) 382,122 804,561 Non-operating expense (income) - related party (80,718) (69,694) (322,674) (382,970) Interest expense, net 4,233,550 1,760,543 19,796,531 5,904,511 Loss from discontinued operations 43,023 88,116 243,792 1,781,946 OTHER EXPENSE, NET 3,216,532 1,521,038 5,468,316 8,108,048 INCOME BEFORE PROVISION FOR INCOME TAXES 11,464,391 16,178,267 42,746,534 41,660,133 PROVISION FOR INCOME TAXES 4,278,118 4,686,549 12,896,179 12,779,869 NET INCOME $7,186,273 $11,491,718 $29,850,355 $28,880,264 OTHER COMPREHENSIVE INCOME: Unrealized gain (loss) on marketable securities 77,843 633,412 166,378 (1,514,230) Foreign currency translation adjustment 730,330 (41,357) 927,723 336,927 COMPREHENSIVE INCOME $7,994,446 $12,083,773 $30,944,456 $27,702,961 WEIGHTED AVERAGE NUMBER OF SHARES: Basic 11,524,297 10,435,049 11,104,025 10,061,326 Diluted 14,998,414 14,898,332 15,135,130 14,484,830 EARNINGS PER SHARE: Basic $0.62 $1.10 $2.69 $2.87 Diluted $(0.39) $(0.28) $1.36 $0.09 JIANGBO PHARMACEUTICALS, INC. AND SUBSIDIARIES (FORMERLY GENESIS PHARMACEUTICALS ENTERPRISES, INC.) CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) For the Twelve Months Ended June 30, 2010 2009 CASH FLOWS FROM OPERATING ACTIVITIES: Net income $29,850,355 $28,880,264 Loss from discontinued operations 243,792 1,781,946 Income from continuing operations 30,094,147 30,662,210 Adjustments to reconcile net income to cash provided by (used in) operating activities: Depreciation 823,087 679,507 Amortization of intangible assets 1,585,141 735,427 Amortization of debt issuance costs 801,034 680,276 Amortization of debt discount 14,823,337 4,006,868 Loss from issuance of shares for in lieu of interest 318,936 -- Interest payment with shares in lieu of cash 4,457 -- Bad debt (recovery) expense 642,499 538,069 Loss on sale of marketable securities 406,346 473,303 Unrealized (gain) loss on investments (150,525) 229,425 Other non-cash settlement (income) expense -- (20,000) Change in fair value of derivative liabilities (14,631,455) -- Stock based compensation 531,750 -- Amortization of stock based compensation 135,104 106,815 Changes in operating assets and liabilities Accounts receivable (14,450,712) 4,651,284 Accounts receivable - related parties -- 676,579 Inventories 1,089,795 792,293 Other receivables 154,018 (21,038) Other receivables- related parties (322,674) -- Advances to suppliers (22,856) 1,495,805 Accounts payable (2,057,625) 3,795,084 Refundable security deposits due to distributors (293,340) 4,102,000 Other payables 1,716,847 (1,534,740) Other payables - related parties 16,571 (86,692) Accrued liabilities 4,221,119 1,182,018 Liabilities assumed from reorganization (150,407) (1,301,337) Taxes payable (5,028,760) 11,081,110 Net cash provided by operating activities 20,255,834 62,924,266 CASH FLOWS FROM INVESTING ACTIVITIES: Acquisition of Hongrui -- (8,584,900) Proceeds from sale of investments 531,750 407,005 Purchase of equipment (76,993) (156,702) Prepayments made for purchase of equipment (110,251) -- Purchase of intangible assets (16,979,106) -- Cash proceeds from sale of equipment -- 15,615 Net cash used in investing activities (16,634,600) (8,318,982) CASH FLOWS FROM FINANCING ACTIVITIES: Change in restricted cash (3,754,752) 538,815 Proceeds from notes payable 14,843,004 13,896,990 Principal payments on notes payable (11,088,252) (12,439,315) Borrowings on short term bank loans 2,200,050 2,197,500 Principal payments on short term bank loans (2,200,050) (2,783,500) Net cash provided (used) in financing activities -- 1,410,490 EFFECTS OF EXCHANGE RATE CHANGE IN CASH 629,384 154,545 NET INCREASE IN CASH 4,250,618 56,170,319 CASH, beginning of the period 104,366,117 48,195,798 CASH, end of the period $108,616,735 $104,366,117 SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: Cash paid for interest $142,523 $2,255,809 Cash paid for taxes $14,900,838 $6,167,810 Non-cash investing and financing activities: Common stock issued to acquire Hongrui $-- 2,597,132 JIANGBO PHARMACEUTICALS, INC. AND SUBSIDIARIES (FORMERLY GENESIS PHARMACEUTICALS ENTERPRISES, INC.) RECONCILIATION OF NON-GAAP NET INCOME (Unaudited) For the Three Months For the Twelve Months Ended Ended June 30, June 30, 2010 2009 2010 2009 Net Income $7,186,273 $11,491,718 $29,850,355 $28,880,264 Loss from discontinued operations 43,023 88,116 243,792 1,781,946 Unrealized loss (gain) on investments 119,814 (1,026,097) (150,525) 229,425 Loss (gain) in fair value of derivative liabilities (1,141,384) -- (14,631,455) -- Amortization of debt discount and debt issuance costs related to convertible debentures 3,543,451 1,497,392 15,624,371 4,687,144 Adjusted Net Income $9,751,177 $12,051,129 $30,936,538 $35,578,779 Basic Weighted Average Number of Shares 11,524,297 10,435,049 11,104,025 10,061,326 Adjusted Basic Earnings per Share $0.85 $1.15 $2.79 $3.54 Diluted Weighted Average Number of Shares** 14,998,414 14,898,332 15,135,130 14,484,830 Adjusted Diluted Earnings per Share $0.65 $0.81 $2.04 $2.46 ** Including outstanding options and warrants using treasury method of calculation plus the number of shares if converted from the convertible debt
'/>"/>

SOURCE Jiangbo Pharmaceuticals, Inc.
Copyright©2010 PR Newswire.
All rights reserved


Related medicine technology :

1. Jiangbo Pharmaceuticals Chairman to Ring NASDAQ Opening Bell on August 27, 2010
2. Jiangbo Pharmaceuticals Announces the Commercial Launch of Felodipine Sustained Release Tablets
3. Jiangbo Pharmaceuticals to Attend Global Hunter Securities China Conference
4. Jiangbo Pharmaceuticals Announces the Appointment of New Chief Executive Officer
5. Jiangbo Pharmaceuticals, Inc. Receives Approval to List on the NASDAQ Global Market
6. Jiangbo Pharmaceuticals Reports Results for Third Quarter of Fiscal Year 2010
7. Jiangbo Pharmaceuticals Reports Results for the Second Quarter of its Fiscal Year 2010
8. Jiangbo Pharmaceuticals Announces Conference Call to Discuss Results for Its Second Quarter of Fiscal Year 2010
9. Jiangbo Pharmaceuticals Osteomyelitis Treatment Tablets to be Included in Chinas National Insurance Directory
10. Jiangbo Pharmaceuticals Obtains Renewal of GMP Certificate
11. Jiangbo Pharmaceuticals Announces First Quarter Fiscal Year 2010 Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/12/2016)... , Maharashtra, February 12, 2016 ... Market research report titled Chronic Inflammation Global Clinical ... a snapshot of the global clinical trials landscape ... clinical trials by Region, Country (G7 & E7), ... point status and reviews top companies involved and ...
(Date:2/11/2016)... , Feb. 11, 2016 The primary ... and future adoption patterns on the usage of liquid ... the following: - Timeframe of liquid biopsy ... ctDNA, cfDNA and Evs—by organization type - Sample inflow ... types: blood, saliva, stool, serum, and so on. - ...
(Date:2/11/2016)... 2016 PRO-DEX, INC. (NasdaqCM: PDEX) today announced financial ... 2015. The Company also filed its Quarterly Report on Form ... the Securities and Exchange Commission today. --> ... --> --> Net sales for ... or 95%, to $5.4 million from $2.8 million for the ...
Breaking Medicine Technology:
(Date:2/11/2016)... ... 2016 , ... In a new paper published in the ... Rod J. Rohrich, and colleagues, examine and underscore the importance of upper lateral ... when addressing this vital area. , The upper lateral cartilage in rhinoplasty, refers ...
(Date:2/11/2016)... Mount Laurel, NJ (PRWEB) , ... February 11, ... ... Commission) announces the call for nominations seeking candidates for the Board of Commissioners. ... individuals with passion, skills and experience with diversity of clinical practice settings and ...
(Date:2/11/2016)... ... February 11, 2016 , ... Life is known for throwing curves. It’s thrown ... who gather once a year to play softball to raise money through Sun ... more than 50 players who competed in this year’s softball tournament share a history ...
(Date:2/11/2016)... ... February 11, 2016 , ... AccuVein Inc. announces the Infusion ... of Practice, to include vascular visualization as a standard practice. AccuVein ( http://www.accuvein.com ... the market, facilitates adherence to this standard with its easy to use, widely ...
(Date:2/11/2016)... ... 11, 2016 , ... Dickinson Insurance & Financial Services continues their commitment to ... support of a local boy named Barrett, who has been fighting ALL leukemia for ... rally support for, all local families dealing with childhood cancer. Information on how to ...
Breaking Medicine News(10 mins):