On Thursday, Shares of Eli Lilly and Company (NYSE:LLY), gained 4.10% to $86.59.
Eli Lilly and Company, will host a webcast on June 23 to talk about three pivotal Phase III studies investigating ixekizumab for the treatment of moderate-to-severe plaque psoriasis. Data from the UNCOVER-1, -2 and -3 clinical studies will be talk abouted. In March, data from UNCOVER-1 was presented at the American Academy of Dermatology annual meeting. Earlier this month, additional data from UNCOVER-1 in addition to data from UNCOVER-2 and -3 were presented at the World Congress of Dermatology.
Eli Lilly and Company discovers, develops, manufactures, and sells pharmaceutical products worldwide. It operates in two segments, Human Pharmaceutical Products and Animal Health products.
Shares of China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD), inclined 13.15% to $3.70, during its last trading session, hitting its highest level.
China Jo-Jo Drugstores, declared that, based on the Company’s preliminary data, annual sales from the Company’s online pharmacy grew at least 90% year over year with an over 200% enhance from its own online pharmacy site and annual sales from its offline drugstores grew by more than 20% in the year ended March 31, 2015. For the first time in the Company’s history, online pharmacy sales reached about US$14 million in fiscal year2015, accounted for over 18% of its total annual revenue, as contrast to about 11% in fiscal year 2014.
Since 2013, China Jo-Jo’s administration team has been directing their focus towards building and expanding its online pharmacy business in China, with ultimate aims to support long term organic growth, improve profit margin and enhance shareholders’ return. The preliminary result from our online pharmacy division, which exceeds the Company’s internal projection of $13 million, reflected our balanced strategy of partnership with third-party B2C e-commerce partners, such as Taobao, JD.com and Amazon.com, while building our own online pharmacy brand, www.dada360.com. During the fiscal year 2015, our business was also positively influenced by new initiatives, such as close cooperation with certain large commercial insurance companies in China, partnership with Shanghai Jianbao Technology Co., Ltd. (“Shanghai Jianbao”), a leader in China’s Pharmacy Benefit Administration (PBM) sector, in addition to the launching of Alipay service, China’s dominant mobile payment system, to our customers. China Jo-Jo anticipates the growth in its online pharmacy division will continue in the current fiscal year and beyond.
China Jo-Jo Drugstores, Inc. operates as a retailer and distributor of pharmaceutical and other healthcare products in the People’s Republic of China. It operates pharmacies that provide pharmaceutical products, counting prescription and over-the-counter drugs; nutritional supplements; traditional Chinese medicines (TCM); personal and family care products; medical devices; and convenience products, counting consumable, seasonal, and promotional items.
Finally, The AES Corporation (NYSE:AES), ended its last trade with 1.50% gain, and closed at $13.52.
AES Distributed Energy, a partner of The AES Corporation, declared the commissioning of a 4 megawatt (MW) solar PV project located in the town of Dublin, in the County of Laurens, Georgia. This system is the first of two solar PV projects being developed by AES Distributed Energy and its partners, collectively predictable to supply 20 MW to the Georgia Power utility grid. The second, 16 MW project, is under development and is predictable to be operational in the first half of 2016.
Georgia Power, a partner of Southern Company, will purchase 100% of the energy production from both projects from AES Distributed Energy following 20-year Power Purchase Agreements (PPAs). These projects will be among the first utility-scale solar installations for Georgia Power. Their development rights were awarded as part of the 2013 Georgia Power Advanced Solar Initiative (GPASI) solicitation for 60 MW of utility-scale solar generation.
“We are thrilled to have commissioned one of the first projects under Georgia Power’s ambitious solar energy initiative,” said Rob Masinter, COO of AES Distributed Energy. “We are committed to providing safe, clean, reliable solar power to the Georgia Power electric grid for at least the next 20 years.”
The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries.
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