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| AOB Releases 2007 Earnings |
3/7/2008 |
| American Oriental Bioengineering (NYSE: AOB ) a Shenzhen-based manufacturer and distributor of plant-based pharmaceutical and nutraceutical products, reported its fourth quarter and full year 2007 earnings yesterday...
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| Pharmaxis Applies for Clinical Trials in China |
3/7/2008 |
| Pharmaxis (Nasdaq: PXS L ) the Australian pharmaceutical company developing products to treat chronic respiratory and autoimmune diseases, plans to conduct clinical trials in China for its pulmonary medication Bronchitrol... |
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| Mindray Medical Announces Financial Results |
3/5/2008 |
| Mindray Medical Intl. Ltd. (NYSE: MR ), a leading developer, manufacturer and marketer of medical devices in China, announced yesterday its unaudited financial results for the fourth quarter and full year ended December 31, 2007. The company reported solid results... |
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| China Nepstar Expands in Southern China |
3/5/2008 |
| China Nepstar Chain Drugstore Ltd. (NYSE: NPD ), the largest drugstore chain in China based on the number of directly operated stores, announced today that it has agreed to acquire 18 chain drugstores in the Pearl River Delta city of Dongguan. Nepstar will pay RMB 2.3 million (US$0.3 million) in cash... |
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| Pfizer to Grow in Asia |
3/5/2008 |
| Pfizer (NYSE: PFE), the multinational pharmaceutical giant, has been under increasing pressure from investors to improve its financial performance. Meeting with analysts today in New York, company management outlined its plans to increase growth and improve returns. Their plan includes increased outsourcing and growth in Asia... |
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| Simcere Reports Strong Revenue Growth |
3/4/2008 |
| Simcere Pharmaceutical Group (NYSE: SCR), a Nanjing, China-based manufacturer and supplier of branded generic and patent pharmaceuticals today reported unaudited financial results for the quarter ended December 31, 2007 and fiscal year ended December 31, 2007. The company reported strong revenue growth and EPS beat expectations...
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| Bayer Sees Growth in Asia |
3/4/2008 |
| Bayer Schering Pharma, a division of multinational pharmaceuticals giant Bayer (DE: BAYG ) said that it will be expanding its operations and product offerings in the Asia Pacific region to take advantage of strong growth... |
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| Millipore Corporation Announces New Facility in Singapore |
3/4/2008 |
| Millipore Corporation (NYSE: MIL ), the Massachusetts-based technology and service provider for bioscience research and biopharmaceutical manufacturing companies, announced today its plans to open a new state-of-the-art applications and training facility in Singapore... |
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| HUYA Bioscience Reports Favorable Phase I Results |
3/3/2008 |
| HUYA Bioscience International (HUYA), a San Diego-based company that focuses on U.S./China pharmaceutical co-development, today announced the completion of three Phase I clinical trial protocols in China of a promising anti-arrhythmic compound... |
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| China Medical Shares Drop on Light Revenues |
3/3/2008 |
| China Medical Technologies, Inc. (NASDAQ:CMED) , a China-based medical device company, reported its unaudited financial results for the third quarter ended December 31, 2007. Revenues were lower than expected, but EPS beat expectations by 2 cents...
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| The Fight Against Counterfeit Drugs |
3/3/2008 |
| The manufacture and distribution of counterfeit pharmaceutical products is an increasingly harmful side effect of globalization in the life sciences. It has a particularly harmful effect on public health in developing countries. This excerpt details the sophisticated efforts of the counterfeiters, and the equally sophisticated response by investigators... |
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| Emerging Markets to Drive Global Drug Sales |
2/27/2008 |
| Emerging markets will be an increasingly important driver for pharmaceutical sales, with sales set to reach $400 billion by 2020, as growth slows in the developed world, according to IMS Health. The healthcare information provider forecasts growth of 12-13 percent a year... |
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| Alliance Boots Bets on China Growth |
2/26/2008 |
| Alliance Boots Ltd., the U.K.'s largest drugstore chain, aims to make mainland China its fastest- growing region. "We're willing to invest as much money as needed for acquisitions or expansion in China.” said Alliance Boots Chairman Stefano Pessina... |
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| China Nepstar Jumps on Acquisition News |
2/26/2008 |
| China Nepstar Chain Drugstore Ltd. (NYSE: NPD ), the largest drugstore chain in China based on the number of directly operated stores, today announced that it will acquire all of the 68 drugstores including inventory and store equipment owned by Ningbo New Century Medical Ltd... |
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| Winter Flu Boosts China Pharma Sales |
2/25/2008 |
| China Pharma Holdings Inc. (OTCBB: CPHI ) a Haikou, China based manufacturer of generic and branded bio-pharmaceutical products in China, announced today new purchase orders for its Pusen OK oral flu remedy. Totaling approximately US$5.6 million with gross margins higher than 55%, the sales are to be recognized during 2008... |
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| China, South Korea Lead International Patent Boom |
2/24/2008 |
| In a year that saw a record number of filings under the World Intellectual Property Organization (WIPO) Patent Cooperation Treaty, the cornerstone of the international patent system, inventors from the Republic of Korea and China consolidated their top ten position in 2007... |
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| Amarillo Bioscience Launches Clinical Trial in Taiwan |
2/21/08 |
| Amarillo Biosciences, Inc. (OTCBB: AMAR ) a US-based biotechnology firm, announced Tuesday that the U.S. Food and Drug Administration (FDA)has approved its Investigational New Drug (IND) application to test its low dose oral interferon in a Phase 2 hepatitis C clinical trial in Taiwan... |
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| 3SBio Plunges on Earnings Miss |
2/21/08 |
| 3SBio (Nasdaq: SSRX) a leading China-based biotechnology company focused on researching, developing, manufacturing and marketing biopharmaceutical products, reported its fourth quarter and full year results for 2007. The company missed expectations and lowered expectations for 2008...
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| Omnicare Expands in China |
2/20/2008 |
| Omnicare Clinical Research, the King of Prussia-based clinical research branch of pharmacy services provider Omnicare (NYSE: OCR ), announced Tuesday that it has opened offices in Beijing and Shanghai... |
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| China (Yanhuang) Health Media to Acquire HealthMedia China? |
2/20/2008 |
| China Health Media, aka Yanhuang Health Media, a leading digital display advertising operator covering healthcare locations in China, plans to acquire competitor Healthmedia China. As reported in ChinaVenture, the acquisition will occur prior to a planned IPO... |
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| BioMerieux to Assist China MOH in Infection Prevention |
2/19/2008 |
| BioMerieux Inc. (PA: BIM ), the French maker of in-vitro diagnostic systems for medical and industrial use, announced Monday its agreement with the Chinese Ministry of Health (MOH) to assist in upgrading the country's hospital infection prevention system... |
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| China to Expand Rural Healthcare |
2/18/2008 |
| China's rural cooperative medical care system is to expand to cover all rural residents by the end of 2008 and government spending on the system will be sharply increased, Vice Premier Wu Yi said on Friday. Funds pooled for each person in the scheme will be doubled... |
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| Tianyin Pharmaceutical Reports 2nd Quarter Results |
2/15/2008 |
| Tianyin Pharmaceutical, Inc., (OTCBB: VSCO) , a Chengdu, China based manufacturer and supplier of modernized traditional Chinese medicine (TCM) announced fiscal results for its 2nd quarter ending December 31, 2007...
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| Chindex Flying High on Strong Earnings |
2/8/2008 |
| Chindex International Inc. (NYSE: CHDX), a US-based healthcare company that provides healthcare services and supplies medical capital equipment, instrumentation and products to the Chinese marketplace, reported third quarter 2007 earnings this morning. Company shares rose near their all-time high due to strong results on both the top and bottom lines...
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| MBK Makes Bid for Asiapharm |
2/5/2008 |
| AsiaPharm Group (SIN: A61 ), a Singapore-listed pharmaceutical manufacturer, announced yesterday that private equity firm MBK Partners has proposed to acquire the company for S$357 million (US$253 million). At S$0.725 (US$0.513) per share the offer values the company at a premium... |
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| West Pharma Services Breaks Ground in Shanghai |
2/4/2008 |
| West Pharmaceutical Services Inc. (NYSE: WST ), the Pennsylvania-based manufacturer of packaging and delivery systems for healthcare and personal products, announced Friday that it broke ground on its new manufacturing plant in Shanghai. The company plans to tap into China’s fast growing pharmaceutical market...
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| Winter Storms Hit TCM |
2/4/2008 |
| Tongjitang Chinese Medicines Company (NYSE: TCM ), a pharmaceutical company focusing on the development, manufacturing, marketing and selling of modernized traditional Chinese medicine in China, announced today that severe snow storms in central and southern China will negatively impact its first quarter 2008 financial results... |
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| ParkwayHealth Ups Investment in Shanghai Healthcare |
2/1/2008 |
| Parkway Holdings Ltd. (SIN: P27 ) the Singapore-based integrated healthcare provider, announced earlier this week that it would increase its equity stake in the World Link network of medical and dental centers in Shanghai. This advances the company’s goal to be the largest publicly traded healthcare company in Asia...
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