About Lotus Healthcare

Weihai Lotus Pharmaceuticals Limited is a wholly owned subsidiary of Lotus Healthcare Inc., situated in Weihai City, Shandong, China. Weihai Lotus has registered, manufactures and markets Galake® a mild to moderate analgesic tablet containing dihydrocodeine and paracetamol and Lutilium® a gastro kinetic containing domperidone. The Company has a pipeline of novel products under development in its labs and partner development companies and is seeking to acquire other products.

The China Company commenced operations in 1999 as a Joint Venture and through acquisition of equity was converted into a wholly owned subsidiary in 2005. The company currently has a sales force of 65 professional representatives selling into over 1,000 hospitals in 25 Provinces throughout China and retains a trained production and laboratory staff.

Weihai Lotus also has a growing business of importing narcotic API’s such as dihydrocodeine, morphine, oxycodone and hydrocodone from Europe and the US which it uses for its own production and sells to licensed formulation companies in China. A first in China. In successfully applying for these unique import licenses, the company has built a proven capability of registering narcotic products and in doing so, has developed an excellent professional working relationship with the China Food and Drug Administration.

The company was one of the first to be certified by the CFDA as cGMP compliant. Certification being valid for five years the company has since successfully undergone three further inspections. The Weihai site occupies an area of four acres and includes pharmaceutical production, office buildings, warehousing and analytical