Lotus Pharmaceuticals, Inc. (LTUS.OB) Reports Groundbreaking Ceremony for New Building Complex
China-based company, Lotus Pharmaceuticals, Inc. reported on its March 9th groundbreaking ceremony for the construction of a new building complex in Beijing. Attending the ceremony were Beijing municipal and Chaoyang district government officials, China State Food & Drug officers, and representatives of both state-owned and private pharmaceutical companies. The new nine-floor building complex will be used for offices, research and development, production, and modern storage. Interim production of the drugs slated to be produced at the new facility will be produced by third parties until the completion of the building complex. At the start of the ceremony, Lotus CEO, Zhongyi…