Weikang Bio-Technology Group Co., Inc. (WKBT.OB) Announces Upcoming Launch of Three New Therapeutics
Weikang Bio-Technology Group, www.weikangbio.com – producer of traditional Chinese medicine, health aids, powerful nutritional supplements (all in full compliance with PRC regulatory licensure) and which is actively branching out into herbal extracts as well as GMP-certified western prescription and OTC pharmaceuticals, announced today plans to launch three brand new therapeutics during Q1 FY11. A total projected revenue generation from the new products should exceed $3.1M ($1.1M net) in 2011 and have already received the stamp of approval from the State Food and Drug Administration. Chairman and CEO of WKBT, Mr. Yin Wang, was pleased at the health of the Company…