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Benda Not Able to Capitalize on Gene Therapy Cancer Drug

publication date: Aug 15, 2008

Benda Pharmaceutical, Inc., which produces the gene-therapy cancer drug Gendicine® along with TCM products and conventional pharmaceuticals, reported that Q2 revenues climbed 40% to $7.3 million. Nevertheless, the company still suffered a loss of $1.8 million in the quarter, though that loss was a significant improvement over the $8.8 million that Benda lost in the year-earlier quarter. The results from the company’s SiBiono subsidiary, which produces Gendicine, were not as positive. Revenues dropped 47% in the period to $800,000. More details...

Stock Symbol: (OTCBB: BPMA)



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