AMDL Inc.'s JJB Plant Receives Production Approval From Chinese State Food and Drug Administration (SFDA)
08 May 2009 - 11:30PM
PR Newswire (US)
TUSTIN, Calif., May 8 /PRNewswire-FirstCall/ -- AMDL Inc. (NYSE
Alternext US: ADL), a US-based pharmaceutical company with major
operations in China, announced today its JJB wholly foreign-owned
subsidiary located in Shangrao, Jiangxi Province, China has
received approval from the Chinese State Food and Drug
Administration (SFDA) to re-initiate product production on its
small injectable manufacturing line which is specifically used to
produce the Goodnak(R) anti-aging injectable product and other
small volume parenteral solutions. The SFDA requires all
China-based companies engaged in the manufacture of pharmaceutical
products to have "Good Manufacturing Practices" (GMP)
certification. In Q108, JJB's GMP certification expired and the
Company initiated $1.5 million in plant renovations to bring the
facility and its operations into compliance with the SFDA. With
today's announcement, JJB has reopened the Jiangxi-based plant and
resumed operations for its small injectable manufacturing line.
According to Mr. Douglas MacLellan, Chairman and CEO of AMDL,
"Based on the pending renewal of our GMP-certification for the JJB
plant we anticipated a temporary cease in operations at JJB and
planned accordingly by successfully amounting adequate product
supply to meet distributor demand through SFDA approval. The
manufacturing lines at this facility have resumed operations and we
remain on track with our quarterly and fiscal year business and
financial projections." For additional information on AMDL, its
FY09 financial forecast, portfolio of international health and
beauty products, and 2009 business strategy, visit the Company's
website at http://www.amdl.com/ or contact AMDL Investor Relations
at . About AMDL: Headquartered in Tustin, CA with operations in
China, AMDL Inc., along with its subsidiary Jade Pharmaceutical
Inc. (JPI), is a pharmaceutical company devoted to the research,
development, manufacturing, and marketing of diagnostic,
pharmaceutical, nutritional supplement, and cosmetic products. The
Company employs over 500 people in the US and China. Forward
Looking Statements: Safe Harbor Statement under the Private
Securities Litigation Reform Act of 1995: The statements contained
in this document include certain predictions and projections that
may be considered forward-looking statements under securities law.
These statements involve a number of important risks and
uncertainties that could cause actual results to differ materially
including, but not limited to, the performance of joint venture
partners, as well as other economic, competitive and technological
factors involving the Company's operations, markets, services,
products, and prices. With respect to AMDL Inc., except for the
historical information contained herein, the matters discussed in
this document are forward-looking statements involving risks and
uncertainties that could cause actual results to differ materially
from those in such forward-looking statements. AMDL Contact:
Kristine Szarkowitz Director-Investor Relations (Tel :)
206.310.5323 DATASOURCE: AMDL Inc. CONTACT: Kristine Szarkowitz,
Director-Investor Relations of AMDL Inc., +1-206-310-5323, Web
Site: http://www.amdl.com/
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