CybeRelease: (OTC: TEDG) Board Has Approved for Its New Name as China Biopharma Inc.
(CybeRelease, July 6, 2006) - Lake Harmony, PA - Techedge Inc. (OTCBB:TEDG) announced that its board of directors has unanimously approved to change its name to the new name as China Biopharma Inc.
“We have finally transitioned our old business operation to the biopharmaceutical business operation in China. It is a right time to change our name. This proposed new name would be more accurately reflect our current business operation, as we are a leading developer, producer and distributor of vaccine products in China. We are ready to distribute flu vaccines as the flu season in China is fast approaching” Peter Wang, CEO of Techedge Inc. stated.
About Techedge, Inc.
Techedge, Inc. is a fast growing developer, producer, and distributor of biopharmaceutical products in China. It has wholly owned subsidiary, China Biopharma Limited and owns the majority interest of Zhejiang Tianyuan Biotech Co., Ltd (“ZTB”). The Company’s current products consist of human vaccines against influenza, epidemic hemorrhagic fever (HFV), and Japanese Encephalitis (JEV) with high reputation and market shares among Chinese made vaccines. Through its investment and ownership of leading Chinese biopharmaceutical companies, the company plans to build the most efficient and most profitable biopharmaceutical company in China by introducing the most advanced technology, best product, and experienced management team. With a fast growing market, newly completed production facility, and several other new vaccines in the pipeline, it is expected to have a steady business growth.
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