Dragon Pharmaceutical Inc. (TSX: DDD; OTC BB: DRUG; BBSE: DRP) today announced that 2.23 million common shares of the Company have been placed in escrow by Dr. Liu, a director of the Company, to secure the debt obligation to the Company pursuant to the Settlement Agreement among Dragon, Dr. Liu and Novagen Holding Inc., Dr. […]
News
Dragon Reports Strong First Quarter Results of 2004
Dragon Pharmaceutical Inc. (TSX: DDD; OTC BB: DRUG) is pleased to announce the results for the first quarter ending March 31, 2004. During the quarter, the Company posted revenues of $878,270 from the sales of rHu Erythropoietin (EPO), which represents 32.2% growth from the same period in 2003. Revenues of $701,870 were generated from sales […]
Dragon Announces a Proposed Merger with a Profitable, Fully-integrated Pharmaceutical Company
Dragon Pharmaceutical Inc. (TSX: DDD, OTC BB: DRUG) (“Dragon”) is pleased to announce that it has entered into a letter of intent to combine with Oriental Wave Holding Ltd (“Oriental Wave”) and its subsidiary (together as “Oriental Wave Group”) in a merger by which Dragon shareholders would own 31.65% of the new entity and Oriental […]
Dragon Announces Update on the Letter of Intent to Merge with Oriental Wave Holding Ltd.
Dragon Pharmaceutical Inc. (TSX: DDD, OTC BB: DRUG) (“Dragon”) today updates its previously announced Letter of Intent to merge with Oriental Wave Holding Limited (“Oriental Wave”). Oriental Wave’s auditor, an accounting firm registered with the Public Company Accounting Oversight Board, has completed its audit and issued its report on Oriental Wave’s 2003 financial statements. Oriental […]
Dragon Announces the Appointment of Board of Directors and Auditor
Dragon Pharmaceutical Inc. (TSX: DDD; OTC BB: DRUG) announced the completion of the Company’s Annual General Meeting held in Vancouver on June 26, 2003. The shareholders have re-elected the following five members of the Board of Directors. Dr. Alexander Wick, President and Chief Executive Officer Dr. Longbin Liu, M.D., Chairman of the Board of Directors […]
2003 Fourth Quarter and Full Year Results (Part 2 of 2)
During the third quarter of 2003, Dragon signed a development agreement with a European research institute to collaborate in developing a new cell line and proprietary production process for a newly developed EPO product for the European market. In addition, Dragon has completed an upgrade of its current production facility in Nanjing, China, doubling the […]
2003 Fourth Quarter and Full Year Results (Part 1 of 2)
Dragon Pharmaceutical Inc. (TSX: DDD; OTC BB: DRUG) today announced results for the three-month and twelve-month periods ending December 31, 2003. Highlights Generated revenues of $3.65 million and a net loss of US$1.99 million, or $0.10 per share for the full year of 2003. Continued momentum in developing the International market: Launched rh-Erythropoietin (“EPO”) into […]
Dragon Reports 2003 Third Quarter Results
Dragon Pharmaceutical Inc. (TSX: DDD; OTC BB: DRUG) today announced results for the three-month and nine-month periods ended September 30, 2003. During the quarter, the Company posted revenues of $1,151,646 from the sales of rHu Erythropoietin (EPO), which is currently marketed for the treatment of anemia related to chronic renal failure and for surgery patients […]
Dragon Reports 2003 Second Quarter Financial Results
Dragon Pharmaceutical Inc. (TSX: DDD; OTC BB: DRUG) today announced results for the three-month and six-month periods ending June 30 2003. During the quarter, the Company posted revenues of $1,007,686 from the sales of rHu Erythropoietin (EPO), which is currently marketed for use in the treatment of anemia related to chronic renal failure and for […]
Dragon and Oriental Wave Announce the Signing of Definitive Agreement to Create a Competitive and Growth Oriented Pharmaceutical Company (Part 2 of 2)
The combined company will be one of a few public pharmaceutical companies traded in North America that produces generic pharmaceutical drugs, biotech generic drugs and bulk pharmaceutical chemical competitively, and has access to the most prominent Chinese markets while also targeting a number of international markets. Investors, especially those from North America, will be able […]