China Pharmaceutical Holdings Limited (NYSE American: CPHI) (“China Pharma” or “Company”), an NYSE American-listed corporation with a fully-integrated specialty pharmaceuticals subsidiary based in China , today announced that its subsidiary, Hainan Helpson Pharmaceutical & Biotechnology Co., Ltd. (“Helpson”) launched mask
| HAIKOU CITY, China, April 15, 2020 /PRNewswire/ -- China Pharmaceutical Association (CPA) Holdings Limited (NYSE American: CPHI) (“China Pharma” or “Company”), an NYSE American-listed corporation with a fully-integrated specialty pharmaceuticals subsidiary based in China, today announced that its subsidiary, Hainan Helpson Pharmaceutical & Biotechnology Co., Ltd. (“Helpson”) launched mask production lines. The masks are produced in Class 100,000 Clean Room (air cleanliness class refers to the classification criteria for classification by maximum concentration limits of particles that are greater than or equal to the particle sizes under consideration in the Clean Room) by our subsidiary, Helpson, a cGMP certified pharmaceutical manufacturer, which ensures safety and health. Ms. Li Zhilin, President and CEO of China Pharmaceutical said, “On the one hand, although the COVID-19 outbreak has been controlled to a certain extent in China currently; the government and the public’s awareness of epidemic prevention is still strong. And activities such as work resumption and schools re-open create a high demand for protective masks. On the other hand, the global outbreak of COVID-19 has led to a surge in demand for protective equipment such as masks. In this circumstance, we take the time to launch mask production lines, adhering to our corporate mission of providing basic medical protection measures to the general public, and fulfilling our social responsibility with practical actions. “ About China Pharma Holdings, Inc. China Pharma Holdings, Inc. is a specialty pharmaceutical company that develops, manufactures and markets a diversified portfolio of products, focusing on conditions with high incidence and high mortality rates in China, including cardiovascular, CNS, infectious, and digestive diseases. The Company’s cost-effective business model is driven by market demand and supported by new GMP-certified product lines covering the major dosage forms. In addition, the Company has a broad and expanding nationwide distribution network across all major cities and provinces in China. The Company’s wholly-owned subsidiary, Hainan Helpson Medical & Biotechnology Co., Ltd., is located in Haikou City, Hainan Province. For more information about China Pharma Holdings, Inc., please visit www.chinapharmaholdings.com. The Company routinely posts important information on its website. Safe Harbor Statement Certain statements in this press release constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Any statements set forth above that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such risks and uncertainties may include, but are not limited to: the achievability of financial guidance; success of new product development; unanticipated changes in product demand; increased competition; downturns in the Chinese economy; uncompetitive levels of research and development; and other information detailed from time to time in the Company’s filings and future filings with the United States Securities and Exchange Commission. The forward-looking statements made herein speak only as of the date of this press release and the Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company’s expectations, except as required by applicable law or regulations.
SOURCE China Pharma Holdings, Inc. | ||
Company Codes: AMEX:CPHI |
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