Renhuang Pharmaceuticals Announces Second Multi-Million Dollar Order (RMB 18 million (US$ 2.3 million)) within Two Weeks.HARBIN, China -- Renhuang Pharmaceuticals, Inc. (or "the Company", Stock symbol: RHGP.OB), a leading provider of natural health care products in the People's Republic of China (PRC), today announced a RMB RMB Right Mouse Button RMB Regional Management Board (USACE) RMB Rolf Maier Bode (musician, band) RMB Ren Min Bi (currency of People's Republic of China) 18 million (US$ 2.3 million)(1) order from Sichuan Hongji Pharmaceutical Co. Ltd., which is a major pharmaceutical distribution company in China. Due to a growing outbreak of the flu in the southwestern part of China, sales of Ban lan gen have been booming. Renhuang Pharmaceuticals received the RMB 18 million order for 100,000,000 million doses (12 grams per dose) of Indigowoad Root, or "ban lan gen". Ban lan gen is derived from the roots of the Isatis plant. The roots are harvested, dried and then processed into granules Granules Small packets of reactive chemicals stored within cells. Mentioned in: Allergic Rhinitis, Allergies , which can be subsequently prepared as a hot tea. Ban lan gen has been widely used in Chinese traditional medicine Chinese traditional medicine an ancient health care system based on the concept of vital energy (Qi) and the opposing forces of yin (negative energy) and yang (positive energy). It incorporates herbal medicine, exercises, meditation and acupuncture. for the treatment of colds, sore throats, dysentery dysentery (dĭs`əntĕr'ē), inflammation of the intestine characterized by the frequent passage of feces, usually with blood and mucus. and skin ulcers. It has also been used to prevent and treat epidemic viruses such as influenza, encephalitis encephalitis (ĕnsĕf'əlī`təs), general term used to describe a diffuse inflammation of the brain and spinal cord, usually of viral origin, often transmitted by mosquitoes, in contrast to a bacterial infection of the meninges B, typhoid fever, and respiratory tract infections. Additionally, it was also administered by many as a key defense during the SARS (Severe Acute Respiratory Syndrome Severe Acute Respiratory Syndrome (SARS) Definition Severe acute respiratory syndrome (SARS) is the first emergent and highly transmissible viral disease to appear during the twenty-first century. ) epidemic. About Renhuang Pharmaceuticals, Inc.: Renhuang Pharmaceuticals is a leading bio-pharmaceutical company located in Harbin in the Heilongjiang Province in Northeast China. Renhuang is primarily engaged in the research, production, and sales of bio-pharmaceutical products in Mainland China. The Company's main products are Siberian ginseng, shark liver oil Shark liver oil is obtained from sharks caught for food purposes only, living in cold, deep oceans. The liver oil from sharks has been used by fishermen for centuries as a folk remedy for general debility, for healing wounds, sores, irritations of the respiratory tract and the and several other traditional medical products. It is estimated that 70% of China's natural supply of Siberian Ginseng is currently controlled by the Company. The company also anticipates approval within six to nine months by State Food and Drug Administration The State Food and Drug Administration (SFDA Simplified Chinese: 国家食品药品监督管理局) is founded on the basis of the State Drug Administration. ("SFDA SFDA State Food and Drug Administration (China) SFDA Saudi Food & Drug Authority ") for up to five of its new Monoclonal Antibody Reagent Box series products. These products are 60% more reliable than those from its competitors and also adhere to "Good Manufacturing Practices", or "GMP GMP (guanosine monophosphate): see guanine. ". Moreover, the company is in the process of building its own immune system research and development function. Overall, the company is able to achieve significant cost savings compared to most of its competitors, who purchase their raw materials from third parties. Over 2000 sales agents are employed in seventy sales centers across twenty-four districts and cover over 50% of the greater China area and 80% of its population, including the most populous and developed Eastern China. The Company employs over 50 people in its R&D department, a number of which are well recognized and respected pharmaceutical professors and research scientists from National Navy Pharmaceutical Research Center, Beijing Ellionbio Research Center and other well known institutions. State of the art research and production facilities using the latest technologies are currently used by the Company's scientists to develop new and innovative areas, including antiseptic and immune system products and Diagnostic kits. RHGP-G Safe Harbor Statement This press release contains certain statements that may include 'forward-looking statements' as defined in the Securities Act of 1933, and the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included herein are 'forward-looking statements.' Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with and available from the Securities and Exchange Commission. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements. (1) Conversion ratio 1 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. = 7.78 RMB |
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