September 30, 2010
Dear Shareholder,
Total sales for the third quarter 2010 were $9,400 compared to $8,200 for the 2009 third quarter. We continue to add new customers as well as increasing sales volume from established accounts. BioDtech, Inc. received an additional $600,000 of investment capital for marketing and new product development. The lead investors were Incyte Ventures (San Antonio, TX) and the Birmingham Technology Fund. BioDtech, Inc. has added 4a Biotech as a distributor in China. 4a Biotech has 53 sales representatives reaching 1000 universities and 150 biotech companies in China. BioDtech, Inc. exhibited at Bioprocessing International (Providence, RI). Over 50 new leads were generated from this meeting. Sincerely,
Michael G. Pepe, Ph.D. Chairman, President and CEO
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