Intellipharmaceutics International Inc. (IPCI)

[wimuskyfisherman]

Numbers and all- The definition of "setting up a new pharmaceutical company in China" has a different meaning to people in Nigeria... All you need to do is go to China and rent out an empty pole barn in an industrial complex... Remember this is Odidi- the king of talk and little follow through... Yeah so what-they got an empty metal building and signed a contract manufacturing agreement with a Chinese company. Chinese companies are chomping at the bit to make these deals and setting up one of these deals is about as simple as it gets... The reason we have not heard about China is there is not much too it. Don't let all this online Nigerian promotion fool you. There is nothing more than a contract manufacturing agreement for some African specific medicine.

Now if there is ever any follow through on the IPCI end of this visit... We will hear that a Chinese manufacturer is going to manufacture some of IPCI generics. And make us more cost competitive. Really that is about all we may hear. But maybe not... As this would actually require our fearless leader to follow through and do his job for a change. But that is because Odidi insists on micro managing everything. This China task should really be something he delegates to one of his employees as it is not necessary for CEOs to negotiate piddly Chinese contract manufacturing agreements for generics.