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China Medicine Corporation Receives Manufacturing License for rADTZ
Date:2/1/2011

GUANGZHOU, China, Feb. 1, 2011 /PRNewswire-Asia-FirstCall/ --  China Medicine Corporation (OTC Bulletin Board: CHME) (the "Company"), a leading manufacturer, developer and distributor of Western pharmaceuticals, traditional Chinese medicines ("TCM"), and other health products in the People's Republic of China, today announced that the Company has received the manufacturing license from the Chinese Ministry of Agriculture ("MOA") for the Company's proprietary recombinant, Aflatoxin Detoxifizyme (rADTZ), which is used for removing a potential cancer causing agent, aflatoxins (AFT), from food and animal feed.  This license grants the Company a five-year exclusive right to produce and sell rADTZ for usage in feed and feed additive fields.  The Company expects revenue contribution from the product in the second half of 2011, after MOA completes an onsite equipment inspection.

Mr. Senshan Yang, Chairman and CEO of China Medicine Corporation, commented, "We are honored to announce the exciting news that rADTZ has received its manufacturing license in the feed and feed additive fields.  rADTZ is one of the Company's key pipeline candidate products that will play a critical role in the Company executing its strategy of building up its biological product line.  We have already begun to build out our marketing team and sales force in preparation for the launch of rADTZ and we will be well-prepared to quickly and effectively launch this product in the second half of 2011.  We expect $2 million to $3 million in sales from rADTZ production in 2011, and additional revenue contribution in 2012 and beyond.  It is believed that the rADTZ technology has the potential to be the most effective method in removing, detecting and detoxifying AFT, and could be widely used in multiple fields, including feed, food, pharmaceutical, AFT detection, etc.  As a result
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