September 10, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Lotus Pharmaceuticals, Inc. (OTCBB: LTUS) said it has appointed Jeff Hon as its new chief financial officer.

Hon, who will oversee Lotus's finance, investments and internal investor relations, was previously manager of the IPO/M&A department in the Hong Kong office of Westcomb Financial Group Ltd., an investment banking firm based in Singapore.

Previously, he was the senior consultant at Sunbelt Business Advisors, a U.S. M&A consulting firm based in Hong Kong. Prior to that, he served as corporate development manager of Shanghai Technology Co. Ltd., a wholly-owned subsidiary of Shanghai Broadband Technology Co. Ltd.

China-based Lotus Pharmaceuticals is a developer and producer of drugs and a licensed national seller of pharmaceutical items in the People's Republic of China.

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