TPI Provides Further Updates on its GMOL Flagship Product


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Tianyin Pharmaceutical Co., Inc. (NYSE: TPI) today provided further updates on the business development of TPI's flagship product: Gingko Mihuan Oral Liquid or GMOL (H20013079), a prescription medicine that is used by physicians for cardiovascular diseases such as stroke, coronary heart diseases, angina, etc. The additional information regarding GMOL can also be accessed at www.sfda.gov.cn, (Chinese version) or http://baike.baidu.com/view/3029034.htm. GMOL was recently awarded Essential Drug List (EDL) status in the City of Chongqing. Chongqing, located in southwest China, with a population over 30 million and its status as the municipality directly under the jurisdiction of the PRC Government along with other major cities with the same status, Beijing, Tianjin and Shanghai which are located in the east coastal area are regarded one of the most attractive markets in pharmaceutical sales in China. In April, TPI has announced the inclusion of GMOL as a provincial supplementary Essential Drug Listed (EDL) product in both Henan and Shandong provinces (with combined population of approximately 200 million) which granted GMOL a full insurance coverage (100% government reimbursement) for patients. GMOL contributes approximately 50% of TPI's core product portfolio that consists of GMOL, Apu Shuangxin Granules (Apu), Azithromycin Tablets (Azi), Xuelian Chongcao (XLCC) and Qingre Jiedu Oral Liquid (QR) and approximately 30% of TPI's total revenue.

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