Did you know?

ChinaBio® Group is a consulting and advisory firm helping life science companies and investors achieve success in China. ChinaBio works with U.S., European and APAC companies and investors seeking partnerships, acquisitions, novel technologies and funding in China.  

Learn more >>

Free Newsletter

Have the latest stories on China's life science industry delivered to your inbox daily or weekly - free!

See preview >>

  Email address:
   

American Oriental Prepays $16 Million for Acquisitions

publication date: May 27, 2008

In comments to analysts following release of its 2008 Q1 earnings report, American Oriental noted that it recorded in the first quarter a $16 million item for deposits on acquisition targets. The payments, which are refundable, are for multiple targets. However, until the deals are finalized, American Oriental refused to discuss them further, giving no details on either the number of companies involved or their products. The company also made other observations on its business and its future.  More details...

Stock Symbols: (NYSE: AOB) (OTCBB: CAXG)



Sorry this page is available to subscribers only.
If you're not a subscriber why not subscribe today?

If you are already a subscriber, please login.

If you believe you should have received this message in error, please contact us.


 

To gain access to the members only content click here to subscribe.

You will be given immediate access to premium content on the site.

Upcoming Events

ChinaBio® Partnering Forum
September 10–11, 2024 | Shanghai, China
Register here

BIO-Europe®
November 4–6, 2024 | Stockholm, Sweden
Save €900 before September 13!
Register here

Biotech Showcase™
January 13–15, 2025 | San Francisco, CA
Save $600 before September 27!
Other Relevant Events

Antibody Engineering & Therapeutics Asia
October 21–23, 2024 | Kyoto, Japan
Save 30% with code CHINABIO30!
Register here