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(EMAILWIRE.COM, July 06, 2010 ) Cheyenne, WY - During Monday's trading session Sinobiopharma, Inc. (OTCBB: SNBP) went up by 0.0099 points or 4.95%. It had opened at a high of 0.220 and marked a low of 0.200. The Company is glad to declare that in 2010 first quarter they have entered into 30 distribution contracts. There will be around US$8.4 million distribution agents for the circulation of its product Ku Tai. It is the highest selling muscle relaxants used during pre-surgery in China. Ku Tai has become a leader in the market in the particular field shortly after it was launched in the year 2006. It is the only Cisatracurium Besylate, which costs less and is stored in room temperature. However, the 13-week average volume was marked to be 132,500. Whereas the 52-week high was at 0.440 and the 52-week low was at 0.150.
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