China Botanic's Laboratory Passes Preliminary Examination by Heilongjiang Provincial Key Laboratory

China Botanic Pharmaceutical Inc. CBP today announced that the Company's TCM (Traditional Chinese Medicine) Extract Powder and Innovation Laboratory has successfully passed preliminary examination by the Heilongjiang Provincial Key Laboratory. Certification by the Heilongjiang Provincial Key Laboratory is one of the most important qualifications in the science and research field in Heilongjiang Province. Certification criteria are mainly based on a series of strict national and provincial level regulations and policies, such as "The National Key Laboratory Evaluation Standard" and "The Heilongjiang Key Laboratory Construction and Management Rule". Once a company is officially certified as a key laboratory by the Heilongjiang government, it will receive a set of favorable policies as well as regular government subsidies. Today only four pharmaceutical companies have passed the preliminary examination stage.