BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Meditech Pharmaceuticals, Inc. (MDCH) Announces Change In Control


10/19/2005 5:12:36 PM

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Feb. 1, 2005--Meditech Pharmaceuticals (OTCBB:MDPM) today announced that on January 31, 2005, Gerald N. Kern and Cynthia S. Kern sold 1,416,593 shares of common stock of Meditech Pharmaceuticals Inc. to Halter Capital Corporation. Such stock represents 78% of all shares outstanding, and as a result of the sale the Registrant experienced a change in control. Upon closing, Kevin Halter, Jr. was appointed to fill a vacancy on the Board of Directors. The existing directors will remain in office until 10 days following notification to stockholders of the change in control. Existing management will be transferred to the Registrant's new subsidiary, East-West Distributors, Inc., to continue their efforts toward receiving regulatory approvals for new pharmaceuticals, and the subsidiary will seek to diversify its business beyond the pharmaceutical industry.

Read at BioSpace.com

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES