China Medicine Corporation signed a two-year renewable agreement with Heilongjiang Liao Yuan Technology, Inc. for exclusive rights to distribute Nianlianping, an anti-adhesive, in Guangdong province. Nianlianping is a medical macrogol berberine solution used to restrain tissue from adhering to the lesion site after surgical operation. China Medicine estimates that sales of Nianlianping will reach approximately 30 million RMB ($4.4 million) annually over the next three years. More details...
Stock Symbol: (OTCBB: CHME)
Sorry... this feature or article is only available to subscribers.