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news.China Sky One Medical, has relocated its corporate headquarters to two new buildings in the Harbin Song Bei new development district, to better accommodate the company's growth.
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China Sky One Medical has completed this first phase of construction in December 2009. The company’s two new six-story buildings cost approximately $13m and will accommodate administration, research and development, accounting, and sales functions.
The company’s management believes that combining its operations into one centralised location will result in greater efficiency and make it easier to conduct business.
China Sky One Medical engages in the manufacturing, marketing and distribution of pharmaceutical, medicinal and diagnostic products. Through its wholly-owned subsidiaries, Harbin Tian Di Ren Medical Science and Technology (TDR), Harbin First Bio- Engineering, Heilongjiang Tianlong Pharmaceutical (Tianlong), and Peng Lai Jin Chuang Pharmaceutical (Jin Chuang), the company manufactures and distributes over-the-counter pharmaceutical products, which make up its major revenue source.