FDAnews Drug Daily Bulletin

TECHEDGE INC. SIGNS DEFINITIVE AGREEMENT TO ACQUIRE CHINA BIOPHARMA LTD.

April 12, 2006
A A

Techedge Inc. is pleased to announce the acquisition of China BioPharma Limited (CBP), a Cayman Island company, which has majority ownership rights to Tianyuan Bio-pharmaceuticals Co. Ltd., based out of Zhejiang Province, China. Currently, this deal arrangement is pending on the Chinese government's final approval. BusinessWire (http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20060410005384&newsLang=en)