Huifeng Bio-Pharmaceutical agrees $1.1m supply deal with DNP International

Published: 29-Aug-2008

A developer of plant extracts and pharmaceutical raw materials in China has agreed to supply a naturally occurring chemical compound used as an additive in energy drinks to a leading US company.


A developer of plant extracts and pharmaceutical raw materials in China has agreed to supply a naturally occurring chemical compound used as an additive in energy drinks to a leading US company.

Huifeng Bio-Pharmaceutical Technology has signed a major supply agreement with DNP International Co., Inc. of Santa Fe Springs, CA to supply the company with Glucuronolactone over the next six months.

The contract is worth in excess of USD $1.1m. Huifeng anticipates signing additional bi-annual contracts with DNP upon successful completion of the first agreement.

"Our agreement with DNP further demonstrates the increasing international acceptance of Huifeng products. With quality and consistency as our hallmarks, we are now becoming recognized by major US corporations for the quality and consistency of the products we develop and manufacture,' stated company ceo Jing'An Wang. "'We are pleased to be making further inroads into the US market and hope to sign similar supply agreements with DNP and other US entities in the near future.'"

Glucuronolactone is a naturally occurring chemical compound produced by the metabolism of glucose in the human liver. It is an important structural component of nearly all connective tissues.

DNP International imports and distributes raw material ingredients to manufacturers in the nutritional supplements, food, beverage, feed, cosmetics and pharmaceutical industries.

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