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Friday, January 26, 2018 3:18:33 PM
Bit more on the signing. If you read this it sounds like the facility doesn't belong to IPCI or Odidi, it belongs to Yunfeng. Sounds like its an early stages cooperation agreement. Likely why no PR since nothing financial related has been signed or agreed upon yet. When you look at Yunfengs drug list they don't have much. So I get the feeling they lacked the ability to manufacture many of these difficult extended release drugs IPCI does. So maybe ODIDI helped establish this site with a future cooperation agreement in place?
"New year new life. On the morning of January 17, Smart Pharmaceutical (Shanghai) Co., Ltd. and Shanghai Yunfeng Pharmaceutical Co., Ltd. jointly held the unveiling signing ceremony with the theme of “Strengthening cooperation and win-win cooperation” at the Laoshan plant of Yunfeng Pharmaceutical."
Also fwiw, the Tall white guy in the suit. Former Premier of New Brunswick Shawn Graham. From what I gather he was pretty successful in establishing Chinese trade relations for the Province and Eastern Canada. So probably a good guy to have in your corner.
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