HARBIN, China, Sept. 19 /Xinhua-PRNewswire-FirstCall/ -- China Sky One Medical, Inc. ("China Sky One Medical" or "the Company") (Nasdaq: CSKI), a leading fully integrated pharmaceutical company producing over-the-counter drugs in the People's Republic of China ("PRC"), announced today that it has successfully completed the first phase of examinations for the Conformite Europeenne (CE) certification, or CE mark, which indicates that a company's products have met rigorous testing and safety standards and are approved for sale within the European Union (EU).
In order to sell products throughout the EU, China Sky one submitted an application for CE certification in May, 2008, to Heilongjiang Import-Export Commodities Inspection and Quarantine (SAIECIQ) Bureau Technology Center, the CE certification's agency in China. Experts from the center spent three months reviewing and examining manufacturing materials, on-site facilities, and product samples. It was determined that China Sky One Medical's facilities, quality control systems, and products met CE certification standards. The Company is currently working on the second phase of the CE certification examination and estimates that it could begin to export products to the EU with the CE mark starting in 2008. (For more information visit http://www.cemarking.net )
"Receiving the CE certification will be a passport to importing our drugs into the EU market and also attest to the high quality of our products and our manufacturing standards," said Mr. Yan-qing Liu, Chairman, CEO and President of China Sky One Medical. "Affixing the CE mark to our products will ensure that they meet all of the applicable regulatory and safety requirements within the EU."
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 of pharmaceutical, medicinal and diagnostic products. Through its wholly-owned subsidiaries, Harbin Tian Di Ren Medical Science and Technology Company, Harbin First Bio- Engineering Company Limited, and Heilongjiang Tianlong Pharmaceutical, Inc., the Company manufactures and distributes over-the-counter pharmaceutical products, which make up its major revenue source. For more information, visit http://www.skyonemedical.com .
Safe Harbor Statement
Certain of the statements made in the press release constitute forward-
looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995. These statements can be identified by the use of
forward- looking terminology such as "believe," "expect," "may," "will,"
"should," "project," "plan," "seek," "intend," or "anticipate" or the
negative thereof or comparable terminology. Such statements typically
involve risks and uncertainties and may include financial projections or
information regarding our future plans, objectives or performance. Actual
results could differ materially from the expectations reflected in such
forward-looking statements as a result of a variety of factors, including
the risks associated with the effect of changing economic conditions in The
People's Republic of China, variations in cash flow, reliance on
collaborative retail partners and on new product development, variations in
new product development, risks associated with rapid technological change,
and the potential of introduced or undetected flaws and defects in
products, and other risk factors detailed in reports filed with the
Securities and Exchange Commission from time to time.
For more information, please contact:
China Sky One Medical, Inc.
Mr. Yu-bo Hao, Board Secretary
Investor Relations Contact:
CCG Investor Relations
Mr. Crocker Coulson, President
Mr. Richard Micchelli, Financial Writer
|SOURCE China Sky One Medical, Inc.|
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