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AMDL

AMDL closes Jade Pharmaceutical acquisition

Published in Cancer Law Weekly, October 28th, 2006

AMDL, Inc., (ADL), developer and marketer of tests for the early detection of cancer and other serious diseases, announced that the acquisition of Jade Pharmaceutical, Inc., (JPI) and its two wholly owned China based subsidiaries for an aggregate of 2,743,000 post-reverse split (13,715,000 pre-reverse split) shares of AMDL common stock.

The JPI acquisition was closed on September 28, 2006, immediately after the filing of a Certificate of Amendment to AMDL's Certificate of Incorporation increasing AMDL's authorized Common Stock and reverse splitting the outstanding shares of Common Stock. The stockholders approved these proposals at the meeting held on September 8, 2006....

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