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China Botanic Pharmaceutical Provides Update on Badger Oil Sales
Date:4/19/2011

HARBIN, China, April 19, 2011 /PRNewswire-Asia-FirstCall/ -- China Botanic Pharmaceutical Inc. (NYSE AMEX: CBP) ("China Botanic" or the "Company"), a developer, manufacturer and distributor of botanical products, bio-pharmaceuticals and traditional Chinese medicines ("TCM") in China, today announced that the Company's Badger Oil, marketed by its wholly owned subsidiary, Harbin Renhuang Pharmaceutical Co., Ltd ("Renhuang"), has achieved sales of RMB six million (Approximately USD 0.9 million) after only five months on the market.  

Badger Oil was launched in November 2010 after over a year of intensive market research and product development. Badger Oil is a new biopharmaceutical treatment to relieve pain and swelling and is effective in treating burns. Management estimates Badger Oil to generate approximately $2.3 million to $2.6 million in sales for the fiscal year 2011.

"The domestic market for bio-pharmaceutical products remains buoyant and we expect market demand for our recently launched Badger Oil to grow in the coming months. We believe the growing market acceptance of Badger Oil is a testament to the quality of both our market research and new product development initiatives," commented Mr. Shaoming Li, Chairman and Chief Executive Officer of China Botanic. "We have a strong pipeline of new products under development and our R&D team continues to conduct scientific market research to enable us to develop products which meet our customers' expectations."

ABOUT CHINA BOTANIC PHARMACEUTICAL INC.China Botanic Pharmaceutical Inc. is engaged in the research, development, manufacturing, and distribution of botanical products, bio-pharmaceutical products, and traditional Chinese medicines ("TCM"), in the People's Republic of China. All of the Company's products are produced at its three GMP-certified production facilities in Ah City, Dongfanghong and
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SOURCE China Botanic Pharmaceutical Inc.
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