Acquisition of Ying Tai Bio-Technology Pte Ltd – Yingtai
On the 23rd November 2007, we signed an agreement to invest in Ying Tai Bio-Technology Pte Ltd, “Yingtai”. Yingtai is involved in the production of a biological enzyme, Lysostaphin, which is a substitute for antibiotics. Two of their product ranges currently available for sale are Xinjingjie (OTC segment) and Baikerui (hospital segment).
