Shanghai Yutong Pharma, Inc. Files for NASDAQ: BB Status
February 22 2006 - 8:30AM
PR Newswire (US)
NEW YORK, Feb. 22 /PRNewswire-FirstCall/ -- On February 16th, 2006
Shanghai Yutong Pharma, Inc. (OTC:SYUP) had filed their Form
10SB12G with the Securities and Exchange Commission in Washington,
D.C. Upon successful approval by the SEC, the company will be
eligible to list on the NASDAQ Over the Counter Bulletin Board
Exchange. Lu Jiang'an, President of Yutong stated, "It is our goal
to become a fully reporting listed company. A higher exchange will
improve our liquidity and enable better exposure for the company."
About Shanghai Yutong Pharmaceuticals, Inc. Through its subsidiary,
Shanghai Yutong Pharmaceuticals, LTD, the company specializes in
the development and commercialization of Chinese herbal medicines
and biological pharmaceuticals. The Company operates from a 90,000
square foot GMP-approved facility and markets over 13 different
types of Traditional Chinese Medicines. Qilisheng Oral Solution,
the Company's flagship product, has been granted a U.S. patent for
its core technique. Legal Disclaimer The statements contained in
this press release contain certain forward- looking statements,
including statements regarding the company's expectations,
intentions, strategies and beliefs regarding the future. All
statements contained herein are based upon information available to
the company's management as of the date hereof, and actual results
may vary based upon future events, both within and without the
control of the company's management. For Further Information: Rick
Oravec 212-422-3601 First Call Analyst: FCMN Contact: DATASOURCE:
Shanghai Yutong Pharma, Inc. CONTACT: Rick Oravec, for Shanghai
Yutong Pharma, or +1-212-422-3601
Copyright