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Wall Street News Alert Issues Special Alert on LWLL! May 2, 2007
Market Wire, May, 2007
Wall Street News Alert's "stocks to watch" this morning are: Linkwell Corporation (OTCBB: LWLL), Dendreon Corporation (NASDAQ: DNDN), Johnson & Johnson (NYSE: JNJ) and Amgen (NASDAQ: AMGN).
Linkwell Corporation (OTCBB: LWLL) has just issued news that is sure to get the attention of investors! Tuesday after the stock markets closed, the company, the leading developer, manufacturer and distributor of healthcare related disinfectants in China, issued a press release announcing that its wholly owned subsidiary Shanghai Likang Disinfectant High-Tech Company has received clearance to market three new disinfectant products from the Ministry of Public Health of China.
Great news for the company! The three new hand disinfectant products are the result of several years of development and testing at Likang. The three new products, named the Putai Series, include Putai Rinse-Free surgery Hand Wash, Putai Skin Disinfectant Liquid, and Putai Rinse-Free Foaming Surgery Hand Wash.
The Putai Series uses Chlorhexidine Gluconate as the main active ingredient, which is recommended by the Centers for Disease Control and Prevention and Association for Professionals in Infection Control and Epidemiology. When compared to similar products, the Putai Series has less irritation to skin and is more compatible to human skin. Management estimates that the Putai Series products will fast become the new standard in hand disinfectant products due to their effectiveness and safety profile.
Xuelian Bian, CEO and Chairman of Linkwell Corp., stated, "We are pleased that our R&D efforts have led to the successful development of this new product line for our ever expanded sales network. As of today, Likang Disinfectant has received 29 product licenses issued by the Ministry of Public Health of China. We plan to market these new products to our sale network immediately and anticipate expanded sales in the next 12 to 24 months. We believe the new products will provide significant contribution to our sales and earnings for many years to come."
Wall Street News Alert is continuing to place Aggressive Investors on alert to monitor the progress of Linkwell! Just two weeks ago, Market Advisors issued a report with a 12-month price target of $0.62 per share for the company (the entire Market Advisors report, from within the profile link below).
According to the report, Linkwell's unique strategy is a performance-based model that allows its own sales force, as well as their independent salespeople, dealers and agents, to provide added value to over 5,000 current customers. Since 2004, LWLL's revenue has increased at roughly a 100% compounded rate, and this has been accomplished in an intensely competitive industry.
Wall Street News Alert first initiated coverage on Linkwell on April 10th when it announced that its wholly owned subsidiary, Shanghai Likang Disinfectant, had recently signed an agreement with Shanghai Youlai Chemical Technology Company, Limited ("Shanghai Youlai") to manufacture disinfectant products specifically designed for use on containers inspected by China Customs through ports in Shanghai, China. China Customs inspects tens of thousands of containers that are shipped in and out of China each month. China Customs is required by law to disinfect any containers that they inspect. Shanghai Branch of China customs charges shippers or manufacturers approximately $26 million per year in fees for container disinfecting.
Linkwell develops, manufactures, and distributes disinfectant healthcare products in China through its wholly owned subsidiary Shanghai Likang Disinfectant High Tech Company. Linkwell's disinfectant healthcare products are a nationally recognized domestic Chinese brand in this market segment. Linkwell products include disinfectants in liquid, tablet, powder and aerosol form. Through Likang Disinfectant, Linkwell has a national marketing and sales presence throughout all 22 provinces, 5 autonomous regions, and 4 special municipalities of China.
Prior to the press release, Linkwell closed Tuesday at around Twenty cents a share.
For Wall Street News Alert's in-depth and updated profile of Linkwell Corporation, visit http://www.WallStreetNewsAlert.com/HotStocks/LWLL050107/default.aspx
To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com , where you may also sign up to receive free email alerts in advance of our press releases being issued.
Dendreon Corporation (NASDAQ: DNDN) up 7.5% on 18.7 million shares traded. Dendreon Corporation is a biotechnology company whose mission is to target cancer and transform lives through the discovery, development and commercialization of novel therapeutics that harness the immune system to fight cancer.
Johnson & Johnson (NYSE: JNJ) up 0.6% on 10 million shares traded. Johnson & Johnson is the world's most comprehensive and broadly based manufacturer of healthcare products, as well as a provider of related services, for the consumer, pharmaceutical, and medical devices and diagnostics markets.