XI'AN, CHINA--(Marketwire - August 24, 2009) - Skystar Bio-Pharmaceutical Company (NASDAQ: SKBI) ("Skystar" or the "Company"), a China-based producer and distributor
of veterinary medicines, vaccines, micro-organisms and feed additives,
today announced that the Company has begun manufacturing on a series of 18
new veterinary products and additives designed to prevent epidemics and
treat poultry diseases for large scale breeding farms. The new SkyWing
Series products improves egg laying and hatching rates, enhances feed
conversion ratios, heals immune deficiencies, improves growth rates for
turkeys and chickens, protect poultry from colibacillosis and other
bacteria and virus infections. Skystar expects to begin distributing its
new SkyWing Series of products to its diverse customer base by the end of
the third quarter of 2009.
"The introduction of our SkyWing Series expands our veterinary medication
product line to address the large and underserved poultry health and
nutrition market in China, which represents an estimated US$3 million
market opportunity," said Weibing Lu, Skystar's Chairman and Chief
Executive Officer. "Our SkyWing Series offers significant benefits
compared with currently marketed products. SkyWing products, when compared
with our competitors, are safer for the animal, are more efficient and have
better drug absorption and prevent to incur drug resistance. We expect
this important product series to account for a material portion of our
revenue beginning in the fourth quarter of 2009."
Leveraging Skystar's advanced veterinary and medical care technologies, the
SkyWing Series products are uniquely formulated to resist oxidation while
providing an extremely high curative effect. SkyStar has been developing
its SkyWing Series of products since 2008. Including the SkyWing Series,
SkyStar now markets over 70 products that address poultry health and
nutrition.
About Skystar Bio-Pharmaceutical Company
Skystar is a China-based developer and distributor of veterinary healthcare
and medical care products. Skystar has four product lines (veterinary
medicines, micro-organisms, vaccines and feed additives) and over 170
products, with over 40 additional products in the developmental stage.
Skystar has formed strategic sales distribution networks covering 29
provinces throughout China. For additional information, please visit
http://www.skystarbio-pharmaceutical.com.
To be added to the Company's email distribution for future news releases,
please send your request to skystar@tpg-ir.com.
Forward-looking Statements
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the risks associated with the effect of changing economic conditions in The
People's Republic of China, variations in cash flow, reliance on
collaborative retail partners and on new product development, variations in
new product development, risks associated with rapid technological change,
and the potential of introduced or undetected flaws and defects in
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