Navigation Links
Weikang Bio-Technology Plans to Launch New Therapeutics in First Quarter 2011
Date:10/4/2010

HARBIN, China, Oct. 4 /PRNewswire-Asia-FirstCall / -- Weikang Bio-Technology Group Co., Inc. (OTC Bulletin Board: WKBT) ("Weikang" or the "Company"), a leading developer, manufacturer and marketer of Traditional Chinese Medicine (TCM), Western prescription and OTC pharmaceuticals and other health and nutritional products in the People's Republic of China, today announced that the Company intends to launch three new therapeutics during the first quarter of 2011.  Weikang expects that its new products have the potential to add up to approximately $3.1 million in revenue and up to approximately $1.1 million in net income combined in 2011.  

"We are pleased to be able to regularly launch high margin new products that enable us to continue expanding our market penetration and future revenue and net income growth," commented Mr. Yin Wang, Chairman and CEO of Weikang Bio-Technology Group. "Over the past few years our research and development team have been extremely focused on developing a strong pipeline of high-quality, therapeutics to address today's important health issues. In addition, we ensure that our products are produced using the highest quality of natural ingredients and advanced processing technologies for maximum effectiveness."

The new therapeutics have been approved by the State Food and Drug Administration (SFDA).  A brief description of the new therapeutics expected to be launched in first quarter 2011 is listed below:

TiangFang

  • Shouwu Long Life is primarily used to strengthen kidney and cardiovascular system, as well as improve blood circulation in mature adults.  It is also beneficial in treating dizziness, ringing in the ears, forgetfulness, and early graying.

  • Lysozyme Buccal is an antibiotic tablet which can effectively treat the acute and chronic pharyngitis, upper respiratory infections and ulceration symptoms.

  • Rongrun

  • Ha Ge Jiao Lan is used to treat symptoms associated with menopause as well as increase youthful vitality and balance hormones.

  • About Weikang Bio-Technology Group Co., Inc.Weikang Bio-Technology Group Co., Inc. is principally engaged in developing, manufacturing and distributing Traditional Chinese Medicine (TCM), and health and nutritional supplements in China, in compliance with requisite Chinese licenses and approvals. The Company is also expanding its business scope to develop, manufacture and distribute Chinese herbal extract products and GMP certified western prescription and OTC pharmaceuticals through its acquisition of Tianfang.  For more information, please visit http://www.weikangbio.com.

    Safe Harbor StatementThis press release contains certain statements that may include "forward looking statements." All statements other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.Company contact:Ren Hu, VP of FinanceWeikang Bio-Technology Group Co., Inc.US Tel: (201) 887-0415China cell: 13718728163Email: rhu@weikangbio.comInvestors Relation contacts:John Marco, Partner, Elite IRTel:   +1-310-819-2948Email: John.marco@elite-ir.comLeslie J. Richardson, Partner, Elite IRTel:   +852-3183-0283Email: Leslie.richardson@elite-ir.com
    '/>"/>

    SOURCE Weikang Bio-Technology Group Co., Inc.
    Copyright©2010 PR Newswire.
    All rights reserved

    Related medicine technology :

    1. Weikang Bio-Technology to Present at Global Hunter 2010 China Conference on July 13, 2010
    2. Weikang Bio-Technology Announces Filing for NASDAQ Listing
    3. Weikang Bio-Technology Reports First Quarter 2010 Financial Results
    4. Texas Health Plans Implementing Cost-Sharing From Employers to Employees by Focusing on Increasing Generic Utilization
    5. Colleen Goggins, Worldwide Chairman, Consumer Group Plans Retirement From Johnson & Johnson in Early 2011
    6. OrthoAccel Technologies Committed to Plans for Positioning the United Kingdom as a Key Strategic Market for New Orthodontic Technology
    7. Volcano Announces Plans to Introduce Multiple New Products at EuroPCR 2010
    8. Renhuang Pharmaceuticals Announces Plans to Introduce Qing Re Jie Du Oral Liquid
    9. UBM Announces Plans for Japan Pharma & Bio Events
    10. GeoVax Labs, Inc. Plans Public Offering
    11. As Biopharma Companies Reshape Sales Model, Most See Resetting Territory Size and Implementing Individualized Call Plans as First Steps Toward Change, According to New Research From Best Practices, LLC
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:5/26/2016)... 26, 2016   Change Healthcare , ... network solutions and technology-enabled services designed to ... into a strategic channel partnership with SourceMed, ... solutions and revenue cycle management services that ... rehabilitation clinics to optimize revenue, operational efficiency ...
    (Date:5/25/2016)... , May 25, 2016 According ... by Type (3D, 2D, 4D), by Therapeutic Area (Oncology, ... End User (Medical Device Manufacturers, Hospitals/ Clinics) - Forecast ... global Medical Animation Market for the forecast period of ... USD 301.3 Million by 2021 from USD 117.3 Million ...
    (Date:5/25/2016)... May 25, 2016  Zymo Research Corp. announced ... new reference materials that help researchers obtain the ... to analyses. The rapid growth of the study ... to have standard methods to improve the reproducibility ... inherently exist at every step of the measurement ...
    Breaking Medicine Technology:
    (Date:5/27/2016)... ... May 27, 2016 , ... Southland Log Homes , designer and manufacturer ... barn kits, which can be found on its website at SouthlandLogHomes.com. , The designs ... and they highlight the craftsmanship of timber post and beam construction. The result ...
    (Date:5/27/2016)... ... ... W.S. Badger Co. Inc ., the maker of certified organic and ... of the best small businesses for new dads by Fatherly, the digital lifestyle guide ... progressive benefits to new parents on the organization’s 2016 Best Places to Work ...
    (Date:5/27/2016)... New York, NY (PRWEB) , ... May 27, 2016 , ... ... or needing intervention to walk, the demand for a sustainable product to aid in ... this void and aid in the recovery of individuals with hemiplegia due to stroke. ...
    (Date:5/27/2016)... (PRWEB) , ... May 27, 2016 , ... ... readers, this installment is bolstered by inspiring human-interest stories, courtesy of awareness-driven celebrities ... within the industry, from leading advocates, associations and industry leaders such as Bioness. ...
    (Date:5/27/2016)... ... May 27, 2016 , ... Beleza Medspa ... fat composition regulations. This is the first time that Coolsculpting is being used ... least every six months to ensure they meet the prescribed body-fat standard, measured by ...
    Breaking Medicine News(10 mins):