About Universe Pharmaceuticals Inc - Ordinary Shares (UPC)
Universe Pharmaceuticals Inc is a company focused on the development, manufacturing, and distribution of high-quality pharmaceutical products, particularly in the realm of traditional Chinese medicine. The company aims to leverage advanced technologies and sustainable practices to create innovative therapeutics that address various health conditions. With a commitment to research and development, Universe Pharmaceuticals also emphasizes the importance of quality control and regulatory compliance in its operations, ensuring that its products meet rigorous industry standards. Through these efforts, the firm seeks to enhance healthcare outcomes and provide accessible solutions for patients globally. Read More
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Curious to know what's happening on the US markets in the middle of the day on Tuesday? Join us as we explore the top gainers and losers in today's session.
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Jiangxi, China, March 20, 2025 (GLOBE NEWSWIRE) -- Universe Pharmaceuticals INC (NASDAQ: UPC) (“Universe Pharmaceuticals” or the “Company”), a pharmaceutical producer and distributor in China, today announced that the Company plans to effect a share consolidation of 40 ordinary shares with par value of US$0.28125 per share each in the Company’s issued and unissued share capital into one (1) ordinary share with par value of US$11.25 (the “Share Consolidation”). As a result of the Share Consolidation, each 40 pre-consolidation ordinary shares outstanding will automatically combine and convert to one issued and outstanding ordinary share without any action on the part of the shareholders.
