Pharmaceuticals

Tue, 05/26/2009 - 17:53

China Sky One Medical outlines growth strategy for 2009

by Yu Chenxi

Despite the economic downturn, China Sky One Medical Inc. plans to grow its business aggressively at home and abroad, Stanley Hao, the company's chief financial officer, tells Interfax.

Currently, we are planning to export some of our other products and are negotiating with several distributors in the United States, which is a very important market for us.
Stanley Hao, China Sky One Medical's CFO

Shanghai. May 26. INTERFAX-CHINA - China Sky One Medical Inc., which listed on the Nasdaq in September and saw its 2008 net profit surge by 88.2 percent year-on-year to $28.9 million, is not resting on its laurels and plans to grow this year via mergers and acquisitions as well as through overseas market development, the company's chief financial officer told Interfax.

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