Sichuan Kelun Pharmaceutical (SHE:002422) won bids for 14 of its products under China's drug procurement system, according to a Monday filing with the Shenzhen bourse.
The drugs treat cardiovascular and blood pressure-related problems, prostate cancer, depression and anxiety, fungal infections, and rheumatoid arthritis, among others, the filing said.
The company also won bids for its nutritional supplements and oral contraceptives for women.
Shares fell 3% during the midday break on Monday.
Everlight Electronics Co (TPE:2393) has filed a patent infringement lawsuit in a US district court against Nichia Corporation and Nichia America Corporation over some flash LED products, according to a Friday filing to the Taiwan stock exchange.The company has claimed that Nichia's flash LED products infringe its patent rights, and has requested the court to order the defendants to pay damages for the same.As of now, the case does not have any material impact on the company's financial position or overall operations. Subsequently, the financial impact will depend on the progress of the litigation and the court's final adjudication.
Horizon Gold (ASX:HRN) identified high-grade gold mineralization during recent drilling at its Gum Creek gold project's Kingfisher, Hawk and Swan deposits in Western Australia, according to a Monday Australian bourse filing.The results were up to 23 meters at 5.26 grams per tonne gold from 188 meters, including 15 meters at 7.65 grams per tonne gold.Follow-up reverse circulation and diamond drilling is being planned at all three prospects, with diamond and reverse circulation drilling continuing across the Gum Creek project area, the filing added.The company's shares rose 3% in recent Monday trade.
Powerchip Semiconductor Manufacturing's (TPE:6770) chairman and chief executive officer, Frank Huang, has passed away, according to a Friday filing with the Taiwan Exchange.The wafer foundry company has named Vice Chairman Brian Shieh to legally assume the chairman's duties, with plans in place to continue the company's growth in Taiwan's high-tech industry.