Navigation Links
China Yongxin Pharmaceuticals is Selected as one of the Qualified Pharmaceutical Distributors for Jilin Province

CHANGCHUN, China and LOS ANGELES, May 10 /PRNewswire-Asia/ -- China Yongxin Pharmaceuticals Inc. (OTC Bulletin Board: CYXN) (the "Company" or "China Yongxin"), one of the leading health products company in China, today announced that on March 31st, 2010, the Company's subsidiary, Changchun Yongxin Dirui Medical Co. Inc. ("Yongxin Dirui") was selected as one of the qualified pharmaceuticals distributors for Jilin province of China. According to the new healthcare reform policy of the Chinese government, the distribution of essential drugs must be approved by the provincial government through a public bidding process. China Yongxin, with its strong geographic presence and distribution capability in the northeast region, won distribution rights through this competitive bidding process.

During the previous essential drug supplier bidding in Jilin province, 500 of the 855 suppliers who won the bidding have signed distribution contracts with Yongxin Dirui. China Yongxin hosted a conference with over 100 of the suppliers to further discuss the distribution of products. The government officials in Jilin province healthcare department were also in attendance.

China Yongxin is the largest pharmaceutical company, equipped with state-of-the-art logistic facilities, in Jilin province. China Yongxin has built 8 distribution centers and a distribution team of 58 people in Jilin province and 7 distribution connection centers around Changchun.

Mr. Yongxin Liu, Chairman and CEO of China Yongxin commented, "Becoming a qualified distributor in 2010 for Jilin province in China is expected to significantly enhance Yongxin Dirui's distribution business. We have always been very confident about our advanced distribution system and we look forward to bidding for additional opportunities with other medical networks throughout the country."

About China Yongxin Pharmaceuticals, Inc.

Founded in 1993, China Yongxin is one of the leading retailer and distributor of Chinese traditional medicines, pharmaceutical preparations, natural health products, health food, cosmetics, and medical equipment in northeastern China. Its retail operations began in 2004, and in 2005, it gained franchise rights from one of the world's largest drug chains for China's Jilin province. By the end of 2007, the Company had become one of the fastest growing drug retailers in China through its retail chain of 93 drug outlets as well as wholesale distribution and manufacturing operations in northeastern China. For more information about China Yongxin Pharmaceuticals, Inc., please visit .

Forward Looking Statements

This news release contains certain "forward-looking statements." Forward-looking statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, and many of which are beyond the Company's control. The forward-looking statements are also identified through the use of words "believe," enable," "may," "will," "could," "intends," "estimate," "anticipate," "plan," "predict" "probable," "potential," "possible," "should," "continue," "project", "expect" and other words of similar meaning. Actual results could differ materially from these forward-looking statements as a result of a number of risk factors detailed in the Company's periodic reports filed with the SEC. Given these risks and uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements and no assurances can be given that such statements will be achieved. China Yongxin Pharmaceuticals Inc. does not assume any duty to publicly update or revise the material contained herein.

SOURCE China Yongxin Pharmaceuticals Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. China Pharma Holdings, Inc. Announces May Investor Conference Participation
2. China Nepstar Chain Drugstore Reports First Quarter 2010 Results on May 19
3. China Medical Technologies to Announce Results for the Fourth Fiscal Quarter and the Fiscal Year Ended March 31, 2010 on June 4, 2010
4. China Pharma Holdings, Inc. Retains CCG Investor Relations
5. China Medical Technologies to Participate in Investor Conferences in May and June 2010
6. Winner Medical Participates in CMEF 2010, China International Medical Equipment Fair, in Shenzhen
7. Lotus Pharmaceuticals to Exhibit at the 63rd PHARMCHINA
8. China Sky One Medical Prepares to Launch 13 New Products
9. China Biologic Products Schedules Conference Call to Discuss Fourth Quarter and Full Year 2009 Results
10. China Sky One Medical Announces Antroquinonol Capsule Recognized as Breakthrough Drug by Chinese Ministry of Science and Technology
11. Kendle is First Global CRO to Achieve ISO 9001:2008 Certification in China Through Beijing Affiliate
Post Your Comments:
(Date:12/1/2015)... A federal court has denied the state of ... filed by the Pharmaceutical Care Management Association (PCMA) challenging the ... law that forces employers and consumers to pay drugstores higher ... must now defend a law that raises health care ... Mark Merritt . --> Arkansas ...
(Date:12/1/2015)... 1, 2015 Pharma Tech Outlook recently conducted ... Clinical Data Management Solution Providers - 2015 .  After ... comprising CEOs, CIOs, VCs, analysts, and the Pharma Tech ... of top 10 clinical data management solution providers (check ... 14 and 36 respectively). --> ...
(Date:12/1/2015)... VERONA, Va. , Dec. 1, 2015 /PRNewswire/ ... today unveiled a new corporate logo and brand ... in the design and engineering of bladed products ... --> --> Serving ... fiber, glass, and auto glass equipment, AccuTEC,s product ...
Breaking Medicine Technology:
(Date:12/1/2015)... ... ... The Multiple System Atrophy Coalition has announced the launch of its MSA Can’t ... today to coincide with Giving Tuesday 2015, a global day of fundraising. , ... be productive, to do simple daily activities like walking to the mailbox and eating ...
(Date:12/1/2015)... (PRWEB) , ... December 01, 2015 , ... Royal River ... a new study that found post-menopausal women who took the nutritional supplement creatine, along ... women who trained but did not take creatine. , The report is part of ...
(Date:12/1/2015)... , ... December 01, 2015 , ... ... leadless pacemakers in the U.S. and is the only hospital in the region ... largest clinical data presentation of transcatheter pacing patients were revealed recently at a ...
(Date:12/1/2015)... ... 01, 2015 , ... December 1, 2015 -- InstantLabs is ... growing product line of food safety and seafood fraud prevention tools. , The ... allow InstantLabs to offer fast, reliable species identification for the four most popular ...
(Date:12/1/2015)... ... December 01, 2015 , ... Diabetic ... United States. Podiatrists are well aware that psychology-based patient non-compliance (disobedience of a ... catastrophic contributors to diseases of the diabetic foot. The American Board of ...
Breaking Medicine News(10 mins):