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China Medicine Corporation Achieves Major Milestone for rADTZ
Date:4/24/2009

GUANGZHOU, China, April 24 /PRNewswire-Asia/ -- China Medicine Corporation (OTC Bulletin Board: CHME; "China Medicine" or "the Company"), a developer and leading distributor of prescription and over-the-counter pharmaceuticals, traditional Chinese medicines ("TCM"), nutritional and dietary-supplements, medical devices, and medical formulations in the People's Republic of China (PRC), today announced that Guangzhou Co-Win Bioengineering Co., Ltd. ("Co-Win") has received a manufacturing license for premixed feed additive and a manufacturing license for feed additive for its production facility that is leased from Guangzhou Municipal Microbe Research Institute. The Company owns 70% of Co-Win's equity interests through the Company's 100% equity ownership of Guangzhou Konzern Medicine Co., Ltd. The two licenses are both valid for five years from March 23, 2009. Since our novel product, recombinant aflatoxin detoxifizyme (rADTZ) is also a feed additive, the two licenses gave Co-Win necessary credits in terms of its ability of manufacturing feed additives and therefore further enable Co-Win to be eligible for manufacturing a new feed additive, rADTZ. In addition, with both manufacturing licenses and the fact Co-Win has submitted the application for rADTZ's permit, China Medicine may enter into a trial production and trial sales phase for rADTZ.

The production facility will be exclusively used to manufacture rADTZ, a novel product that has the potential to detoxify aflatoxin, a cancer causing agent in food and feed. "We are very pleased to be granted manufacturing licenses for premixed feed additive and feed additive, which represents a major milestone in the evolution of our product," said Mr. Senshan Yang, Chairman and CEO of China Medicine Corporation.

China's Ministry of Agriculture granted the two manufacturing licenses after inspecting the related facility and evaluating Co-Win's management capability, qua
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SOURCE China Medicine Corporation
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