Welichem Biotech Inc. announces changes to Board of Directors

23-Aug-2005

Welichem Biotech Inc. announced changes to its Board of Directors. The Company increased the number of Directors on its Board from six to seven and appointed Mr. Weihe Wang, a representative from Celestial Pharmaceuticals (Shenzhen) Ltd, to the Board.

Mr. Wang Weihe is an entrepreneur with broad business experience in natural health products, pharmaceuticals and real estate development. He started his career in the natural health products business 20 years ago. He is now the Chairman of Board and CEO of Weihe Pharmaceutical Co. Ltd., a pharmaceutical manufacturer with more than 60 approved pharmaceutical products in China and Southeast Asia markets. He is Chairman of Celestial Pharmaceuticals (Shenzhen) Ltd., a fully integrated pharmaceutical research and development company with investments in drug developments in both China and Canada. Mr. Wang is also Chairman of Weihe Real Estate Development Co. Ltd. and Weihe Food Stuff Co. Ltd. China.

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