China Sky One Medical, Inc. Achieved Progress in the Development of Two New Biological Testing Kits
The clinical trials for both products have been completed earlier. As theexamination by ICPBP is usually the last material procedure toward the finalproduction approval for biological testing products, the Company expects toreceive the final approval from the State Food and Drug Administration (SFDA)in China for the production of both products by the end of 2009. Formalproduction for the two new products is expected to begin in 2010.
The Diagnostic Kit for Human Prostate Specific Antigen (Colloidal Gold)can be used in early diagnosis of human prostate disorders, hyperplasia andcancer, because the concentration of Prostate Specific Antigen ("PSA") is animportant parameter in clinical treatment of prostate related diseases.
The Determination Kit for Luteinizing Hormone (Colloidal Gold) is used inthe diagnosis of female sterility. According to research by World HealthOrganization, 5%-8% of married couples in developed countries are sufferingfrom the sterility. In China, sterility patients account for nearly 10% of thetotal population at the age of procreation. This number keeps increasing inChina due to various reasons including diseases, conception control and socialstress.
"We are excited to have made such great progress in the development ofthese new products and look forward to receiving SFDA approval for theproduction of both of them very soon," commented Mr. Yan-qing Liu, Chairmanand CEO of China Sky One Medical. "We are fully committed to increasing ourdrug portfolio by bringing quality new products into domestic as well asinternational market."
About China Sky One Medical, Inc.
China Sky One Medical, Inc., a Nevada corporation, is a holding company.The Company engages in the manufacturing, marketing and distribution ofpharmaceutical, medicinal and diagnostic products. Through its wholly-ownedsubsidiaries, Harbin Tian Di Ren Medical Science and Technology Company("TDR"), Harbin First Bio-Engineering Company Limited ("First"), HeilongjiangTianlong Pharmaceutical, Inc. ("Tianlong") and Peng Lai Jin ChuangPharmaceutical Company ("Jin Chuang") the Company manufactures and distributesover-the-counter pharmaceutical products, which make up its major revenuesource. For more information, visit http://www.cski.com.cn .
Safe Harbor Statement
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SOURCE China Sky One Medical, Inc.
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