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China Pharma Holdings, Inc. Reports Full Year 2009 Financial Results
Date:3/5/2010

ny expects revenue growth of 20% to 25% for 2010, on a year over year basis.

China Pharma's President and CEO, Ms. Zhilin Li, stated, "We are very pleased with our 2009 results, which have continued to yield a net income margin above 30%. After adding two new drugs in 2009, our core portfolio now has 20 products, and we have a number of new products in various stages of registration, including Rosuvastatin (generic for Crestor) and an antibiotic, that are in clinical trials. Going forward, we will continue to invest to strengthen our product portfolio. The Healthcare Reform in China is now moving ahead steadily but forcefully, with important implications for the pharmaceutical industry. We believe the changes will be favorable for highly profitable companies like ours with innovative drugs. We also believe the changes may cause attractive acquisition opportunities to appear. To that end, we are monitoring the market for strategic opportunities to take advantage of the current fragmented nature of the pharmaceutical industry landscape in China."

Conference Call

The Company will hold a conference call at 8:00 am ET on March 5, 2010 to discuss full year 2009 results. Listener
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SOURCE China Pharma Holdings, Inc.
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