China Nuokang Bio-Pharmaceutical Inc. Reports Third Quarter 2011 Financial Results

BEIJING, Nov. 17, 2011 (GLOBE NEWSWIRE) -- China Nuokang Bio-Pharmaceutical Inc. (Nasdaq:NKBP - News) ("Nuokang" or the "Company"), a leading China-based biopharmaceutical company focused on the research, development, manufacture, marketing and sales of hospital-based medical products, today announced financial results for the third quarter of 2011. Mr. Baizhong Xue, the Company's Chairman and Chief Executive Officer, stated, "We are pleased to announce both year-over-year and sequential revenue growth for our third quarter of 2011. Baquting revenue rose to $83.9 million, growing 8.8% year-over-year and 10.2% quarter-over-quarter.
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