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Biotech / Medical : Biotech & Pharma.T.A,

BIB 83.86

+1.3%

Dec 24 4:00 PM EST

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To: Jibacoa who wrote (2742)	5/13/2010 1:17:53 PM
From: Jibacoa	Read Replies (1) of 3722

SKBI is up 9.47% with volume of 58Ks already > its ADV The stock opned with an UG and is trying to test the resistance at the $10 level. bigcharts.marketwatch.com Yesterday it announced that it will commence product testing of two additional product dosage forms: oral solution and injectable soluble powder specifically formulated for its veterinary line of medicines. SKBI plans to submit an application to the Chinese Ministry of Agriculture for GMP inspection and certification and on approval it projects that the oral solution and injectable soluble powder line of veterinary medicines will have an estimated annual production capacity of 20M units with an additional $5M in revenue in 2011.<g> As previously mentioned, the ACTAY is $12.33 and with some good news the stock could make it to the $15 level.<g> bigcharts.marketwatch.com Bernard

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