SHANGHAI, China, June 26 /Xinhua-PRNewswire-FirstCall/ -- China-Biotics, Inc. (OTC Bulletin Board: CHBT) ("China-Biotics," "the Company"), a leading Chinese firm specializing in the manufacture, research, development, marketing and distribution of probiotics products, today announced it signed a one-year contract with Jiangxi Lijia Pharmaceutical Co., Ltd. ("Lijia") to supply probiotics for Lijia's probiotics-based dietary supplements in both powder and tablet forms. The agreement runs through May 2009.
Lijia will use a combination of two Shining Probiotics, Bifidobacterium adolescentis and Bifidobacterium infantis, as additives in its newly developed dietary supplement powders and tablets. These probiotics will help to reduce the symptoms of lactose intolerance, to improve gastrointestinal tract health and to boost immune system health.
"We are delighted to begin providing our Shining Probiotics products to Lijia, a well-known, GMP-certified pharmaceutical company with many different products," said Mr. Jinan Song, China-Biotics' Chairman and Chief Executive Officer. "This is our first bulk additives customer specializing in the manufacturing of pharmaceuticals and supplements, an important part of our bulk additives growth strategy. We look forward to adding more bulk customers in new industries, which will further diversify our revenue stream. We are also excited to add new delivery forms of probiotics, which will further advance the public's health."
About Jiangxi Lijia Pharmaceutical Co., Ltd.
Based in Jiangxi Province, China, Lijia is engaged in the development, manufacturing and distribution of pharmaceuticals and supplements. It manufactures more than 60 products in its GMP-certified facility. Lijia's sales network spans more than 20 provinces in China.
About China-Biotics, Inc.
Headquartered in Shanghai, China-Biotics, Inc. ("China-Biotics", "the
Company") was founded in 1999 and is one of China's largest sup
|SOURCE China-Biotics, Inc.|
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