China Biopharma Receives Order to Export Flu Vaccine to Macedonia.HANGZHOU, China -- China Biopharma Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : TEDG) today announced that Zhejiang Tianyuan Biotech, the Company's China subsidiary, has received an export letter of credit from the Government of Macedonia to ship its flu vaccine The flu vaccine is a vaccine to protect against the highly variable influenza virus. The annual flu kills an estimated 36,000 people in the United States. product to this Southeastern European country for distribution. The order represents the first exportation of the flu vaccine to Macedonia from China. Moreover, this marks the first exportation of a flu vaccine product by Zhejiang Tianyuan. "We are very pleased to extend the sales channel of our flu vaccine beyond China," said Dr. Jean-Denis Shu, chief executive officer and chief scientist of China Biopharma's China operation. "We believe this sale demonstrates that there is demand and acceptance for our product beyond China's borders. Consequently, we plan to continue to register our product in other countries to expand our international distribution channel." About China Biopharma Inc. China Biopharma (formerly Techedge Inc.) is a fast growing developer, producer and distributor of biopharmaceutical products in China. Through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , China Biopharma Limited, the Company owns the majority interest of Zhejiang Tianyuan Biotech Co., Ltd. The Company's current products consist of human vaccines against influenza, epidemic hemorrhagic fever epidemic hemorrhagic fever n. An acute viral hemorrhagic fever characterized by headache, high fever, sweating, thirst, photophobia, coryza, cough, myalgia, arthralgia, and abdominal pain with nausea and vomiting. (HFV HFV High-frequency ventilation ), and Japanese Encephalitis Japanese Encephalitis Definition Japanese encephalitis is an infection of the brain caused by a virus. The virus is transmitted to humans by mosquitoes. (JEV JEV Jesuit European Volunteers JEV Joinville Eau Vive (France) ). With its investment and ownership of local Chinese biopharmaceutical companies, the Company plans to build a leading biopharmaceutical company in China by leveraging its manufacturing and marketing capabilities and introducing advanced technologies, best products, and an experienced management team. With a fast growing market, newly completed production facilities, and several other new vaccines in the pipeline, the Company expects to see steady business growth in the near future. For more information, visit its website at www.chinabiopharma.com.cn. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Some of the statements made in this press release discuss future events and developments, including the Company's future business strategy and its ability to generate revenue, income and cash flow, and should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These "forward-looking" statements can generally be identified by words such as "expect," "anticipate," "believe," "estimate," "intend," "plan," and similar expressions. These statements involve a high degree of risk and uncertainty that exists in the Company's operations and business environment and are subject to change based on various factors that could cause actual Company results, performance, plans, goals and objectives to differ materially from those contemplated or implied in these forward-looking statements. Actual results may be different from anticipated results for a number of reasons, including the Company's new and uncertain business model, uncertainty regarding acceptance of the Company's products and services and the Company's limited operating history. |
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