Tian' An Pharmaceutical Co., Ltd. develops, manufactures and markets traditional Chinese medicines. The Company produces a treatment for the prostate gland and one that treats blood vessel problems.Tian' An Pharmaceutical Co. Ltd. ("Tian' An") was established in Xi'An of the Peoples Republic of China ("PRC") by Shaanxi Bafang Science and Technology Investment Co., Ltd, Shaanxi Economic Cooperation Property Company, Shaanxi Ruike Investment Co., Ltd., Xi'An Green Health Products Research Center, Xi' An Green Science and Technology and nineteen individuals on January 17, 2003. In 2005, Shaanxi Bafang Science and Technology Investment Co., Ltd. and Shaanxi Ruike Investment Co., Ltd. transferred a portion of their ownership interest to two individuals, and an additional 1,856,445 shares were purchased by two individuals and one company. Tian' An was first organized for the purpose of the development, manufacturing and commercialization of traditional Chinese herbal medicines and biological pharmaceuticals. The main business line of Tian' An is production and sales of hard capsule, soft ointment, as well as research and development of biology goods and health care products. The Company conducts its business exclusively in the PRC. As modern medical science is experiencing a change from biological research to biological-psychological-social research with traditional medical science playing a more important role than ever, the Company has positioned itself with the products they currently manufacture as well as the products under development to be successful. Many modern chemical medicines contain high toxicities and present numerous side effects. Purely chemical medicines are difficult, time consuming and expensive to develop. The Company's Traditional Chinese Medicines represent advantages over chemical medicines and the process of combining herbal extraction and chemical medicines is becoming a popular alternative, following the current trends of "natural" and "green" products in a variety of industries. (10QSB For the quarterly period ended Sept. 30, 2007 )
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Last updated May 11, 2009
Pharma
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