Tianyin Pharma (TPI) Gets Approvals from Chinese SFDA to Produce Two Generic Drugs
Tianyin Pharmaceutical Co., Inc., (AMEX: TPI) today announced that it has received approvals from the Chinese State Food and Drug Administration (SFDA) to produce Pediatric Fever and Cough Oral Liquid in dosage form of 10 ml/tube (SFDA approval number Z20093060) and Antibacterial and Anti-inflammatory Capsules in dosage form of 0.27 gram/capsule (SFDA approval number Z20090855).
Pediatric Fever and Cough Oral Liquid is a generic prescription TCM that is used for respiratory tract infections and influenza of children to effectively reduce symptoms such as fever, shakes, cough, phlem, shortness of breath, dry mouth and sore throat. According to Tianyin's market research and estimation, annual sales of this type of products are approximately $1.1 billion in China. Tianyin expects the demand of this product will increase during the wintertime flu season and that our introduction of this product will increase the Company's market share in the pediatric medicine market.
Antibacterial and Anti-inflammatory Capsules is a generic OTC TCM which is used mainly as natural antibiotics to treat bacterial infection and inflammation. It has minimal side effects when compared to western antibiotics. Tianyin estimates that total annual sales of antibacterial and anti-inflammatory products are approximately $1.5 billion in China. Tianyin expects to gain a portion of the market share in antibiotics medicine through the production and marketing of Antibacterial and Anti-inflammatory Capsules. The product will be manufactured in Company's new production facility.
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