Sales of Etimicin Sulfate to Expand Nationwide as Government Restriction is Lifted
10 October 2007 - 6:05AM
PR Newswire (US)
SANTA MONICA, Calif., Oct. 9 /PRNewswire-FirstCall/ -- Aida
Pharmaceuticals, Inc. (OTC:AIDA) (BULLETIN BOARD: AIDA) , one of
mainland China's leading pharmaceutical companies, today announced
that the Chinese government has loosened national restrictions for
the sale of Etimicin sulfate throughout China. Aida expects the
sales of the Company's main revenue-generating product to increase
noticeably as sales efforts are pursued nationwide without
restriction. The Ministry of Labor and Social Security eliminated
restrictions on Etimicin, which is in the aminoglycoside antibiotic
family. Aminoglycoside antibiotis were previously thought to be
potentially unsafe for treating patients with a history of kidney
disease. Although Etimicin had been clinically established to be
safe and effective for people with such issues, it was not until
now that the restrictions have been lifted. Jin Biao, Chairman and
CEO of Aida Pharmaceuticals, noted, "This is strong substantiation
by the appropriate governmental regulatory body that the safeness
of Etimicin has been universally and officially recognized. We are
definitely pleased at this acceptance of the outstanding
characteristic of low toxicity in this new generation of
aminoglycoside antibiotics. We believe that this will allow us to
promote the sales of Etimicin and broaden our customer base." For
more information about the lifting of the restriction for this
particular type of drug please visit:
http://www.molss.gov.cn/gb/ywzn/2007-06/20/content_183083.htm About
Etimicin Sulfate Etimicin Sulfate is a new generation of the
aminoglycoside family of antibiotics. Developed by Aida and its
research partners, it is the first antibiotic developed in China.
Aida has the exclusive right to the production and marketing of
this powder and infusion type and is protected by patent through
2013. Etimicin sulfate is a semi-synthesized soluble antibiotic.
Researchers and doctors who performed the clinical tests believe
that the product is a new generation of aminoglycoside antibiotics
with high efficiency, safety and effectiveness to a broad spectrum
of strains. Etimicin sulfate is suitable for the treatment of
various inflammations, such as respiratory infections, kidney and
urinogenital infections, soft skin tissue infection, as well as
trauma and operation preventative uses. About Aida Aida
Pharmaceuticals is a product-focused pharmaceuticals company
engaged in the formulation, clinical testing, registration,
manufacture, sales and marketing of advanced pharmaceutical and
genetic products in mainland China. The Company's mission is to
discover, develop and market meaningful new therapies that improve
human health. Aida Pharmaceuticals, in operation since March 1999,
is headquartered in Hangzhou, China with manufacturing,
distribution and sales points throughout mainland China. Aida is
GMP certified in China and ISO9002 certified for quality assurance
and ISO14000 certified for ecologically-friendly practices.
DATASOURCE: Aida Pharmaceuticals CONTACT: Ashley Hull,
+1-310-450-9100, , for Aida Pharmaceuticals
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