Navigation Links
Lotus Pharmaceuticals Announces Update on Land in Inner Mongolia
Date:12/9/2010

BEIJING, Dec. 9, 2010 /PRNewswire-Asia-FirstCall/ -- Lotus Pharmaceuticals, Inc. (OTC Bulletin Board: LTUS) ("Lotus" or the "Company"), a fast-growing, profitable developer, manufacturer and seller of medicine and drugs in the People's Republic of China ("PRC"), today announced that it plans to sell or transfer approximately 165 acres (1,000 MU) of Company-owned land in the Chahaer Industrial Park, Inner Mongolia. Lotus' operating entity, Beijing Liang Fang Pharmaceutical Co., Ltd., purchased the land-use rights for the property in 2008. Lotus had originally intended to build a pharmaceutical manufacturing and storage facility on a portion of the property.

In March 2010, Lotus began construction on a 250,000-square-foot facility in Beijing after receiving permission from the Beijing Chaoyang District Planning Bureau. The new building will house the Company's R&D center, manufacturing operations, storage facilities, sales and administrative offices. The building will become Lotus' new corporate headquarters following its completion. Management expects to move into the building by June 2011.

Lotus' Chairman and CEO, Mr. Zhongyi Liu, stated, "We have decided not to move forward with the construction of our planned facility in Inner Mongolia in order to focus our efforts and resources on expanding our core business in Beijing. We believe that selling or transferring this property will be a more effective use of our capital."

About Lotus Pharmaceuticals, Inc. Lotus Pharmaceuticals, Inc. is a fast-growing, profitable developer and producer of drugs and a licensed national seller of pharmaceutical items in the People's Republic of China (PRC). Lotus operates its business through its two controlled entities: Liang Fang Pharmaceutical, Ltd. and En Ze Jia Shi Pharmaceutical, Ltd. Lotus' current drug development is focused on the treatment of cerebro-cardiovascular
'/>"/>

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

Page: 1 2

Related medicine technology :

1. Lotus Pharmaceuticals, Inc. Achieves Significant Milestones in the Development of Isosorbide Mononitrate Sustained Release Tablets
2. Lotus Pharmaceuticals, Inc.s New Drug Laevo-Bambutero Begins Evaluation for Clinical Trials
3. Lotus Pharmaceuticals, Inc. Reports Third-Quarter 2009 Results
4. Lotus Pharmaceuticals, Inc. to Exhibit at the 62nd PHARMCHINA
5. Lotus Pharmaceuticals, Inc. Strengthens Beijing Presence with Direct Sales to Drug Stores
6. Lotus Pharmaceuticals Reports Groundbreaking Ceremony
7. Lotus Pharmaceuticals to Exhibit at the 63rd PHARMCHINA
8. Lotus Pharmaceuticals Laevo-Bambuterol Received SFDA Approval to Commence Clinical Trials
9. Lotus Pharmaceuticals, Inc. Reports Strong First Quarter 2010 Financial Results
10. Pink Lotus Breast Center to Integrate Electronic Brachytherapy Cancer Treatment Platform
11. Lotus Pharmaceuticals to Present at Global Hunter Securities 2010 China Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/5/2015)...  IQPC,s 19 th Software Design for Medical ... the Summit Mr. Phani Bidarahalli , GM & Head ... the expert speaker faculty including senior executive from GE Healthcare, ... at The Hotel Kabuki in San Francisco ... on the event website, which can be accessed by visiting ...
(Date:5/5/2015)... Calif., May 5, 2015 Isis Pharmaceuticals, Inc. ... income of $4.0 million for the three months ended ... operating loss of $22.6 million for the same period ... to higher revenue from milestone payments earned from its ... a GAAP basis, Isis reported a loss from operations ...
(Date:5/5/2015)... SUNNYVALE, Calif. , May 5, 2015  Accuray ... scheduled to present at the Bank of America Merrill ... on Tuesday, May 12, 2015 at 2:20pm ... presentation will be available on the Investor Relations page ... webcast replay of the presentation will begin approximately one ...
Breaking Medicine Technology:Phani Bidarahalli from Wipro to chair the upcoming 19th Software Design for Medical Devices Summit in San Francisco 2Isis Reports Financial Results and Highlights for First Quarter 2015 2Isis Reports Financial Results and Highlights for First Quarter 2015 3Isis Reports Financial Results and Highlights for First Quarter 2015 4Isis Reports Financial Results and Highlights for First Quarter 2015 5Isis Reports Financial Results and Highlights for First Quarter 2015 6Isis Reports Financial Results and Highlights for First Quarter 2015 7Isis Reports Financial Results and Highlights for First Quarter 2015 8Isis Reports Financial Results and Highlights for First Quarter 2015 9Isis Reports Financial Results and Highlights for First Quarter 2015 10Isis Reports Financial Results and Highlights for First Quarter 2015 11Isis Reports Financial Results and Highlights for First Quarter 2015 12Isis Reports Financial Results and Highlights for First Quarter 2015 13
... ProFibrix B.V., today,announced that it has concluded a ... CRXL ; Swiss Exchange: CRX) for PER.C6(R), ... allows ProFibrix to,manufacture recombinant human fibrinogen at levels ... products. Fibrinogen is at the,heart of all ProFibrix ...
... 12 American Life League,s historic Personhood ... in adult stem cell research and regenerative ... Deisher, founder and CEO of AVM Biotechnology ... is speaking on over 17 years of ...
Cached Medicine Technology:ProFibrix Steps up Recombinant Fibrinogen Program With PER.C6(R) License From Crucell 2Stem Cell Pioneer to Speak to A.L.L. Personhood Conference 2
(Date:5/5/2015)... (PRWEB) May 05, 2015 ... mission-focused company serving the federal government, today announced ... (CCSi). CCSi provides solutions exclusively to federal ... extensive experience in cyber security, health services, and ... processes and industry-relevant credentials as a Third Party ...
(Date:5/5/2015)... May 05, 2015 On May, 5, 2015, ... Charleston musician Irene Rose about alternatives for youngsters to do ... did you get the idea for starting a summer camp ... run an entertainment company called Once Upon a Party and ... lessons through songs and even scripture. We play games, sing, ...
(Date:5/5/2015)... 2015 RF Technologies®, a leading provider ... ST750 Fall Management Solution with Voice Alarms. The ST750 ... or resident to wait for assistance when it detects ... choice of 16 different melodies or tones or silent ... such as Code Alert®. , For 28 years, ...
(Date:5/5/2015)... 05, 2015 Major League Ultimate (MLU) ... belief that ultimate Frisbee™ is home to many amazing ... that engages the world. Nike Ultimate Camps’ goal of ... opportunities for young athletes to learn about the sport ... the perfect fit. , The Nike Ultimate Camp in ...
(Date:5/5/2015)... MD (PRWEB) May 05, 2015 NovaSom, ... an upcoming episode of Innovations with Ed Begley Jr., ... show times TBA. , This segment will focus on ... testing. Viewers will learn about their AccuSom® home sleep ... test that provides continuous patient support and next-day test ...
Breaking Medicine News(10 mins):Health News:Information Innovators Inc. (Triple-i) Acquires Leading Cyber Security and Health-Focused Solutions Company, Creative Computing Solutions, Inc. 2Health News:Information Innovators Inc. (Triple-i) Acquires Leading Cyber Security and Health-Focused Solutions Company, Creative Computing Solutions, Inc. 3Health News:Information Innovators Inc. (Triple-i) Acquires Leading Cyber Security and Health-Focused Solutions Company, Creative Computing Solutions, Inc. 4Health News:My Positive Perspective Hosts Episode Informing People of a True Princess Summer Camp With Irene Rose 2Health News:RF Technologies® Releases Sensatec® ST750 Voice Alarm for Fall Management 2Health News:RF Technologies® Releases Sensatec® ST750 Voice Alarm for Fall Management 3Health News:US Sports Camps, Nike Ultimate Camps, and Major League Ultimate Host Youth Ultimate Summer Camps in Philidelphia 2Health News:Innovations with Ed Begley, Jr. to Explore NovaSom, Inc., in Upcoming Episode 2
... 11 Health care costs and heightened public health concerns ... according to a recent MamboTrack(TM) study by Mambo ... product marketing and promotions, which surveyed the organic buying and ... outlook for the coming year. , Nine in ten ...
... Mental Health America today announced it is partnering ... to make the company,s scientifically based sound therapy available ... servicemen and women, their family members and health care ... therapy available for free and are proud to partner ...
... , CARY, N.C., Nov. 11 ... provider (FSP), is changing its name to Ockham. , ... Organization, in February of this year. , The name ... and ASG teams accomplishes the company,s goal of becoming a ...
... The New York Conference on Well-Being and ... together an international group of leading psychiatrists, internists, ... the International Network of Person-Centered Medicine organized the ... health promotion in medicine and psychiatry. Participants explored ...
... State University study has shown that when preparing frozen ... their hands and are more susceptible to cross-contaminating raw ... we observed washed their hands after touching raw chicken, ... food safety research assistant at K-State. "The non-existent hand ...
... can be harmful, researchers warn , WEDNESDAY, Nov. 11 (HealthDay ... and floors comes from outdoors and can pose a health ... computer model that can track the distribution of outdoor soil ... 60 percent of household dust originates from tracked-in soil and ...
Cached Medicine News:Health News:Natural and Organic Consumers Focus on Health and Wellness Amidst Public Health Concerns 2Health News:Mental Health America Partners With Prescription Audio To Donate $5M in PTSD Treatment Products to Veterans, Active Duty, Families, Providers 2Health News:Mental Health America Partners With Prescription Audio To Donate $5M in PTSD Treatment Products to Veterans, Active Duty, Families, Providers 3Health News:Conference of International Experts Calls for a Focus on Well-Being and The Person in Health 2Health News:Conference of International Experts Calls for a Focus on Well-Being and The Person in Health 3Health News:Teens less likely to wash hands when cooking, more likely to cross-contaminate raw food than adults 2
... 96 well thermocycler with unique ... technology for fastest available heating ... 4C/sec with High Pressure Lid ... plates. Includes motorized lid ...
... RoboCycler Gradient 40 or 96 temperature cyclers, the ... linear temperature range of up to 14 or ... with a temperature difference of up to 2C ... you can test up to 12 different annealing ...
... The Techne TC-512 has a graphical touch ... your experiments at the "touch of a ... Wide linear gradient, Touch Screen, Graphical Display, ... Performance, Versatile Block Format, Intuitive Programmin, Free ...
... performance, high sample throughput instrument at a highly ... Flexible block format, a newly designed flexible heated ... Includes a four year or 80,000 Cycle Warranty! ... connected and run through a PC using Gensoft, ...
Medicine Products: