Dragon Pharmaceutical Inc. (TSX: DDD, OTCBB: DRUG) (“Dragon”) and Oriental Wave Holding Limited (“Oriental Wave”), the holding company of Shanxi Weiqida Pharmaceutical Co., Ltd., are pleased to announce today that they have signed a definitive agreement providing for a business combination of the two companies. TRANSACTION SUMMARY Under the terms of the definitive agreement, Dragon […]
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Dragon Lists on the TSX Under Symbol ‘DDD’
Dragon Pharmaceuticals Inc. is pleased to announce that it has received final approval from the Toronto Stock Exchange (TSX) for listing the Company’s shares on the TSX. The shares will be traded under the symbol DDD commencing today. Dragon’s shares will continue to trade on the NASDAQ OTC BB under the symbol DRUG. Maison Placements […]
Dragon Reports First Quarter Results of 2003
Dragon Pharmaceutical Inc. (TSX: DDD; OTC BB: DRUG) announced results for the three-month period ending March 31, 2003. During the quarter, the Company posted revenues of $664,322 from the sales of rHu Erythropoietin (EPO), which is currently approved and marketed for use in the treatment of anemia related to chronic renal failure and surgery patients […]
Dragon Pharmaceuticals Appoints James Harris as VP of Sales and Marketing
Dragon Pharmaceuticals Inc. (TSX: DDD; OTC BB: DRUG) is pleased to announce that it has appointed James Harris as VP of Sales and Marketing, replacing Robert Walsh. He will be responsible for increasing the company’s sales and marketing effort in our existing markets outside of China (India, Egypt, Peru and Brazil) and accelerating the introduction […]
Dragon Launches EPO Into the Brazilian Market
Dragon Pharmaceuticals Inc. (OTC BB: DRUG; TSX: DDD) today announced that it has shipped an order of recombinant erythropoietin (“EPO? to Itaca Laboratorios Ltda., (“Itaca” of Brazil. Itaca, a distribution partner of the company, has won a 3.1 million Brazilian Real tender for Dragon’s EPO in the Brazilian state of Minas, Gerais, which converts to […]
Dragon Announces Update on Business Strategy
Dragon Pharmaceuticals Inc. (OTC BB: DRUG; TSX: DDD) today announced that it has undertaken to reevaluate its corporate strategy following the appointment of Dr. Alexander Wick as President in October 2002. A clear focus on strengthening Dragon’s sales capacity has been decided by the company’s Executive Committee. “Over the last four years Dragon has established […]
Dragon Pharmaceutical Inc. Announces 2002 Fourth Quarter and Full Year Results
Dragon Pharmaceutical Inc. (TSX: DDD; OTC BB: DRUG) today announced results for the three-month and twelve-month periods ending December 31, 2002. 2002 Highlights Generated revenues of $7.36 million, representing significant growth from $3.07 million in 2001. Enhancement of gross margin in 2002 to 86.7% from 81% in 2001. Reported a first ever operating profit of […]
Dragon Receives Approval for the Use of EPO in Surgical Patients and New Dosage in China
Dragon Pharmaceutical Inc. (TSX: DDD; OTC BB: DRUG) today announced that it has received market approval from the Chinese State Drug Administration (SDA) for the use of rHu Erythropoietin (EPO) in surgical patients in China and a new dosage presentation of 6000 IU which will be used for this new indication. Prior to receiving this […]
Dragon Posts 106% Increase in First Quarter Revenues
D For greater detail, please refer to the Company’s 10-QSB, which has been filed with the U.S. Securities and Exchange Commission. The full financial statements will also be available on Dragon’s website at www.dragon-pharma.org. All dollar amounts are expressed in U.S. currency. Recent Highlights: Generated revenues of $1.37 million, up 106% from Q1 2001 Submitted […]
Dragon Acquires Remaining 25 % of Nanjing Huaxin Biopharmaceutical Co., Ltd.
Dragon Pharmaceuticals Inc. (OTCBB :DRUG.OB) announces that it has acquired the remaining 25% of equity interest in Nanjing Huaxin Bio-pharmaceutical Co., Ltd. (“Huaxin”), an integrated biotech company with a GMP-certified production facility located in Nanjing, China. Combined with the 75% interest acquired in 1999, Dragon now owns 100% of Huaxin. The acquisition reaffirms Dragon’s current […]