June 6 (Reuters) - Innovative Pharmaceutical Biotech Ltd 0399.HK :
* Certain conditions to capital injection agreement are not fulfilled and the capital injection agreement is therefore lapsed
* Lapse of capital injection agreement has no material adverse impact on existing business, operation and financial position
* Reference is made to the announcements in relation to, among others, the proposed capital injection
* Source text (http://bit.ly/1PAdvn0)
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