May 22, 2004 
Dr. D.J. Vaidya, the Chairman from I.T.&T. Biotech Pvt. Ltd., Bangalore, India, led his top managers to visit Penglai Chemical, Inc. on May 23, 2004. The purpose of this visit is to set up a project in Penglai for their newly developed drug used in surgical clinic as well as other wide hospital applications.

This project will fill the blank of this drug in China if successfully set up. More talks and negotiations will follow in the near future.









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