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China Sky One Medical Receives $1.5 Million Government Grant to Further Develop Six New Cancer Products
Date:9/10/2007

ovide them to domestic hospitals at an affordable cost. This again speaks to our commitment to enhancing the overall health of Chinese people." Mr. Liu continued, "As the only winning healthcare enterprise in the Heilongjiang province, the recognition by MOST further solidifies our leading position in technology innovation at the local as well the national level."

About China Sky One Medical, Inc.

China Sky One Medical, Inc., a Nevada corporation, is a holding company whose principal operations are through its subsidiaries, which are engaged in the manufacturing, marketing and distribution of pharmaceutical, medicinal and diagnostic kit products. Through its wholly-owned subsidiaries, Harbin Tian Di Ren Medical Science and Technology Company (''TDR''), and Harbin First Bio- Engineering Company Limited ("First"), the Company's principal revenue source is the manufacturing and sale of over-the-counter pharmaceutical products. http://www.skyonemedical.com .

Certain of the statements made herein constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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.

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