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Dragon Issued Restricted Shares


VANCOUVER, BRITISH COLUMBIA - (CCNMatthews - July 3, 2007) - Dragon Pharmaceutical Inc. (TSX:DDD)(OTCBB:DRUG)(BBSE:DRP) today announced the sale of 3,496,503 shares of restricted common stock to a vendor at an offering price of $0.429 per share, with a total of US$1.5 million. The transaction was completed on July 1, 2007.

These shares were sold in a private transaction and therefore, subject to restriction for free trading.

Website: www.dragonpharma.com

Tags: ,Pharmaceuticals and Biotech,Trials,STOCK/OTHER MARKET NEWS

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