Sinobiopharma Secures Rights to Seven Key Patents
27 April 2009 - 10:37PM
PR Newswire (US)
NANJING, China, April 27 /PRNewswire-FirstCall/ -- Sinobiopharma
Inc. ("Sinobiopharma ", or "the Company") (OTC:SNBP) (BULLETIN
BOARD: SNBP) is pleased to announce that it has secured rights to
seven key patents from Company CEO Dr. Lequn Huang and the patents'
co-holders. The patents that will significantly enhance
Sinobiopharma's ability to execute on its mission of bringing safe,
low-cost, high-efficacy biopharmaceuticals to market. The patents
are for the following: 1. Synthesis of amantadine hydrochloride 2.
Method for preparation of 17-acylsinomenine derivatives 3.
Preparation of 17-sulfonylsinomenine 4. Preparation of
N-substituted sinomenine 5. Method for preparation of Sinomenine
compound having dextro-rotary C ring-deficient morphinan skeleton
6. Synthesis of Eplerenone from 11 -hydroxycanrenone 7. Method for
resolving tetrahydroisoquinoline racemate Sinobiopharma will be
applying these patents as well as using its own innovative
applications of them in new drug development. About Sinobiopharma
Sinobiopharma Inc. is a fully integrated and highly innovative
biotechnology company engaged in the research and development,
manufacture and marketing of biopharmaceutical products in China,
the world's fastest growing pharmaceutical market. Known as Dong
Ying (Jiangsu) Pharmaceutical Co. Ltd. in China, the Company's
current therapeutic focus is on anesthesia-assisted agents and
cardiovascular drugs. FORWARD LOOKING STATEMENTS This news release
may include "forward-looking statements" regarding Sinobiopharma,
Inc., and its subsidiaries, business and project plans. Such
forward looking statements are within the meaning of Section 27A of
the Securities Act of 1933, as amended, and section 21E of the
United States Securities and Exchange Act of 1934, as amended, and
are intended to be covered by the safe harbor created by such
sections. Where Sinobiopharma, Inc. expresses or implies an
expectation or belief as to future events or results, such
expectation or belief is believed to have a reasonable basis.
However, forward-looking statements are subject to risks,
uncertainties and other factors, which could cause actual results
to differ materially from future results expressed, projected or
implied by such forward-looking statements. Sinobiopharma, Inc.
does not undertake any obligation to update any forward-looking
statement, except as required under applicable law. DATASOURCE:
Sinobiopharma, Inc. CONTACT: Investor Relations of Sinobiopharma,
Inc., 1-877-568-0188 Web Site: http://www.sinobiopharma.com/
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