Global Pharmatech Entered Research Agreement with Kobayashi Pharmaceutical
18 Avril 2006 - 3:30PM
PR Newswire (US)
JILIN, China, April 18 /Xinhua-PRNewswire/ -- Global Pharmatech,
Inc. (OTC PK: GBLP) announced today that the R&D Director of
Kobayashi Pharmaceutical Co., Ltd, Mr. Yoshihiro Yamaguchi,
recently completed a trip to Natural Pharmatech (Jilin) Co., Ltd, a
wholly-owned subsidiary of Global Pharmatech. Mr. Yoshihiro and his
team inspected preclinical pharmacology and toxicology facilities
and programs of Natural Pharmatech. Mr. Yoshihiro praised both the
research equipment and experienced scientists and signed a new
research service contract with Natural Pharmatech. He also
expressed interest in a long term collaboration with the Company.
Dr. Xiaobo Sun, President and CEO of Global Pharmatech said, "We
are delighted with this contract, which represents another step
forward in our continuous effort to expand the global reach of our
research services. Currently Natural Pharmatech has research
partnerships with research institutions and pharmaceutical
companies in Hong Kong, Singapore, Malaysia and Indonesia." About
Global Pharmatech Global Pharmatech, through its subsidiaries,
develops, manufactures and markets proprietary drugs that are based
on Traditional Chinese Medicine using modern facilities and
advanced R&D technologies. The company offers a full range of
start-to-finish biotech services, from research and testing to
manufacture and sale of liquid and solid dose products. The Company
employs unique proprietary extraction methods and also licenses
patents and technologies for botanical/biological drug products.
Global Pharmatech's operations are currently based in the People's
Republic of China with sales distribution centers in China,
Malaysia, Singapore and Indonesia. For more information, please
visit http://www.global-pharmatech.com/ About Kobayashi
Pharmaceutical Kobayashi Pharmaceutical (TSE:4967)(OTC:KBYPF),
located in Osaka, Japan, was established in 1919. Kobayashi has
1101 employees and 28 subsidiaries, including 17 in Japan, 6 in the
US, 1 in the UK and 3 in Asia. The management policy has always
been to provide people and society with wonderful comfort through
"creativity and innovation." Over the years, the Company has
expanded its scope, developing into a cluster of enterprises with
three principal businesses: Consumer Products Operation, Wholesale
Operation and Medical Devices Operation. Its operations also
include medical research and the distribution of dietary
supplements. In the fiscal year ended March 31, 2005, Kobayashi
achieved increases in sales and profits for the seventh consecutive
year since the introduction of consolidated accounting. For more
information, please visit http://www.kobayashi.co.jp/ Safe Harbor
Statement under the Private Securities Litigation Reform Act of
1995 This news release contains forward-looking statements within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. These statements are
based upon our current expectations and speak only as of the date
hereof. Our actual results may differ materially and adversely from
those expressed in any forward-looking statements as a result of
various factors and uncertainties, including our ability to
successfully develop and commercialize products, competitive
products in our key markets, changes in consumer demand for our
products, legislative, regulatory and competitive developments and
general economic conditions. Our SEC filings discuss some of the
important risk factors that may affect our business, results of
operations and financial condition. We undertake no obligation to
revise or update publicly any forward-looking statements for any
reason. Contact: Zhuojun Li Investor Relations Global Pharmatech,
Inc. Tel: (905)787-8225 Fax: (905)787-9711 Email: DATASOURCE:
Global Pharmatech, Inc. CONTACT: Zhuojun Li, Investor Relations,
Global Pharmatech, Inc., +1-905-787-8225, Fax: +1-905-787-9711, Web
site: http://www.global-pharmatech.com/ http://www.kobayashi.co.jp/
Copyright