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news.China Sky One Medical, a pharmaceutical company producing over-the-counter (OTC) drugs in the People's Republic of China (PRC), has launched Oxymetazoline Hydrochloride nasal drops and Moschus Liniment for pain relief.
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Oxymetazoline Hydrochloride nasal drops, a generic drug, is indicated to treat acute and chronic rhinitis, sinusitis and allergic rhinitis. Moschus Liniment for pain relief is a TCM product developed in-house, which is used to relieve the pain from scathe, wound, rheumatism and catharsis.
China Sky One Medical is expected to analyse and summarise the marketing and sales activities following the trial stage and establish a formal sales plan soon.
Yanking Lieu, chairman and CEO of China Sky One Medical, said: “We are happy to add two new products to our sales mix and anticipate they will contribute roughly $1.0m to our total revenues in 2010.
“We continue our efforts to commercializes 11 additional drugs in our R&D pipeline in order to support sustainable, long term growth.”