AMDL Announces Production of Antibiotic Levofloxacin in China
January 11 2007 - 9:00AM
PR Newswire (US)
TUSTIN, Calif., Jan. 11 /PRNewswire-FirstCall/ -- AMDL (AMEX:ADL)
announced today that its Chinese subsidiary, Jade Pharmaceutical
Inc., has begun production of the antibiotic levofloxacin, which is
part of the top selling class of drugs in China, and which is used
to treat bacterial infections including pneumonia, urinary tract,
kidney and skin infection. Levofloxacin is marketed in the U.S. by
a major pharmaceutical company. Antibiotic drugs sales in China
exceeded $4.8 billion (U.S.) in 2003 and growth is estimated at 20
percent annually. Levofloxacin is an advanced generation
fluoroquinolone antibiotic and has proven its efficacy and safety
globally with more than 12 years of usage. Jade Pharmaceutical
recently received approval for the product from the China State
Food and Drug Administration. "Jade Pharmaceuticals is producing
levofloxacin at the Jiangxi Jade Biochemistry Ltd. manufacturing
facility in the South China City of Shargro in the Jiangxi Province
of China and, at present, this product will only be sold in the
People's Republic of China, said Gary Dreher, AMDL CEO. That
facility recently was reapproved for meeting worldwide GMP
standards of manufacture. About AMDL AMDL, Inc. (AMEX:ADL),
headquartered in Tustin, California, with operations in Shenzhen,
Jaingxi and Jilin China through its wholly owned subsidiary Jade
Pharmaceutical Inc. is an international biopharma company. AMDL
together with Jade engages in the development, manufacture and
marketing of proprietary pharmaceutical and testing products. More
information about AMDL and its additional products can be obtained
at http://www.amdl.com/. Forward-Looking Statements Statements in
this press release may constitute forward-looking statements and
are subject to numerous risks and uncertainties, including the
failure to complete successfully the development of new or enhanced
products, the Company's future capital needs, the lack of market
demand for any new or enhanced products the Company may develop,
any actions by the Company's partners that may be adverse to the
Company, the success of competitive products, other economic
factors affecting the Company and its markets, and other risks
detailed from time to time in the Company's filings with the
Securities and Exchange Commission. The actual results may differ
materially from those contained in this press release. The Company
disclaims any obligation to update any statements in this press
release. Contact: AMDL, Inc. Gary L. Dreher President & CEO
(714) 505-4460 DATASOURCE: AMDL, Inc. CONTACT: Gary L. Dreher,
President & CEO of AMDL, Inc., +1-714-505-4460 Web site:
http://www.amdl.com/
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