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Mergers & Acquisitions

American Oriental Bioengineering provides update on acquisition of Guangxi Lingfeng

Published in Health and Medicine Week, August 7th, 2006

American Oriental Bioengineering, Inc., (AOB) a manufacturer and distributor of pharmaceutical and nutraceutical products in China, provided an update on the acquisition of Guangxi Lingfeng Pharmaceutical Company Limited (GLP).

GLP is a manufacturer of plant-based pharmaceutical products in China, specializing in pediatrics, gynecopathy and medicines for the treatment of digestive and respiratory system illnesses.

"We are pleased to report that the integration of GLP has been progressing according to plan and we believe we have identified several areas where we can improve sales and reduce expenses to drive higher overall efficiency," commented Tony...

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