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China Sky One Starts Production at New Subsidiary

publication date: Oct 14, 2008

China Sky One Medical announced that production has started at the Peng Lai Jin Chuang Company facility. China Sky One finalized the acquisition of Jin Chuang last month, paying $7.1 million in cash and stock to gain control of the company. Jin Chuang represents an unusual situation because it boasted a portfolio of twenty approved drugs and was building a manufacturing plant, but the company had not yet begun to market its drugs. More details...

Stock Symbol:  (NASDAQ: CSKI)



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