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Sihuan Pharmaceutical Announces 2011 Annual Results
Date:3/19/2012

pany is also focused on effectively developing its proven sales and marketing capabilities and has furthered its geographical penetration, expanded its sales and marketing team, and strengthened awareness of its brand. As a result of the Company's continuous efforts in securing tenders, the Company boosted its sales by winning tenders for its key products in most regions and at stable price levels. Its existing products have reached additional clinical departments in hospitals already covered in its distribution network and its newly acquired products have reached around 4,000 hospitals. In line with new GMP standards, the Company is currently conducting its Company-wide upgrade of production systems.

Dr. Che Fengsheng, Chairman and CEO of the Company, said, "Despite a challenging environment, Sihuan Pharmaceutical once again posted exceptional performance in 2011, highlighting the strength and adaptibility of our business. Leveraging the robust sales growth of cardio-cerebral vascular ("CCV") products, a more diverse and optimized product portfolio, and the Company's R&D capabilities, Sihuan Pharmaceutical achieved its internal targets and a growth rate that outperformed the industry last year. We solidified our position as the largest CCV franchise and have grown into the country's ninth largest pharmaceutical company in terms of hospital purchase price in China's prescription drug market."

Overview of Product Portfolio and Related PerformanceThe market share of the Company's CCV products in China's prescription drug market has risen to 9.4% from 7.5% in 2010 during the past year.  The Company has maintained steady growth of its existing products such as Kelinao, Anjieli, Qu'Ao, GM1 and Qingtong, which provide a solid foundation for the Company's business. Thanks to its stronger sales and marketing capabilities, sales of its newly acquired products, such as Oudimei, Yuanzhijiu and Yimaining recorded significant growth, exceeding o
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SOURCE Sihuan Pharmaceutical Holdings Group Ltd.
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