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Axm Pharma, Inc. (AXJ) Appointed Exclusive Sales And Marketing Agent For Leading Pharmaceutical Product
2/8/2007 12:44:23 PM
DIAMOND BAR, Calif.--(BUSINESS WIRE)--AXM Pharma Inc. (OTC: AXMP) a manufacturer of proprietary and generic pharmaceutical and nutraceutical products for the Chinese and other Asian markets, announced today that Brazil Wahsun Import & Export Ltd. has signed a ten-year agreement, under which AXM Pharma has been designated exclusive distributor for Sygen, a product which is produced by TRB Pharma of Brazil. Sygen measures pathological changes in the central nervous system and Parkinson’s disease. AXM has entered into agreements with distributors from leading cities and provinces of Shanghai, Beijing, Guangdong, Jiangsu, Zhejiang and Shandong, to purchase a total quantity of 500,000 units, resulting in 2007 estimated revenue of $12,820,000.
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