About Hubei Minkang Pharmaceutical

Hubei Minkang Pharmaceutical Ltd. operates as a pharmaceutical company. The company’s business is conducted through its subsidiary, HBMK Pharmaceutical Limited, which in turn conducts its business through its subsidiary, Hubei Minkang Pharmaceutical Co., Ltd. The company engages in the research, development, manufacture, and marketing of traditional Chinese medicines (TCM) and some chemical pharmaceuticals, which majority are able to be purchased over-the-counter (OTC) and some by prescription only, in the People’s Republic of China (PRC), as well as markets its products to the U.S., Japan, Canada, Singapore, Malaysia, Thailand, Hong Kong, and other countries. The company has 3 Good Manufacturing Practice certifications with 7 production lines capable of producing 10 different product types, including pills, tablets, capsules, granules, oral liquids, syrups, mixtures, and injections, in approximately 400 formulations and dosages. Products The company has 148 pharmaceutical product registration certificates issued by the U.S. Food and Drug Administration Authority to produce the specified TCM and chemical medicines. Yinxing Damo Zhusheye: The company’s primary drug, a chemical medication injectable made of Ginkgo biloba extract and dipyridamole is used for the prevention and treatment of coronary heart disease. An Ka Huangmin Jiaonang: An OTC capsule, this chemical medication relieves cold and flu symptoms, including fever, headache, sore throat, and sneezing. Xumeian Capsule: Xuemeian Capsule is a prescription TCM medication used for leucopenia, a decrease in the number of white blood cells, which places individuals at increased risk of infection. Low white cell counts are associated with chemotherapy and radiation therapy. Wei C Yinqiao Pian: An OTC pill, this TCM for relieving symptoms of cold and influenza, including body aches, cough, fever, headache, and sore throat. Wei C is approved by the U.S. Food and Drug Administration for sale in the U.S.A. Shuxin Koufouye: It is a prescription TCM oral medication for promoting blood circulation and relieving chest pain, shortness of breath, and fatigue associated with coronary heart disease. Other Products The company offers 21 products, including 5 prescription TCM products and 1 chemical or western-style medicine; and 15 OTC products, 2 of which are chemical and the rest TCM medicines. Shuxin Koufuye: It is used to replenish heart-qi and promote blood circulation to resolve stagnated blood. It is also used for impeded flow of yang--qi in the chest due to a deficiency of heart--qi and accumulation of stagnated blood with manifestations of constriction in the chest and stabbing pain in the precardium, shortness of breath and lassitude, and angina pectoris in coronary heart disease with above symptoms. Paracetamol, Caffein, Artificial Cow-bezoar and chlorphenamine Maleate Capsules (An Ka Huangmin Jiaonang): It is used for flu, nose block, and headache. Xuemei'an Jiaonang: It is used for clearing away heat and nourishing yin, removing heat from blood and promoting blood circulation. It is used in primary ITP purpura and blood-heat impairment with blood stasis. It finds its manifestations, such as the skin’s purpura, gingival hemorrhage, epistaxis, profuse menses, thirst, dysphoria with somthery sensation, night sweating, and so on. It is also suitable for the patients with the WBC reduction induced by tumor-chemical treatment and noxious heat impairment with blood stasis in TCM. Jinming Hewei Jiaonang: It is used to regulate the stomach function, remove heat, and alleviate pain. It is also used for stomachache, acid regurgitation, hyperacidity caused by stagnation, and heat of liver-energy and stomach. Pediatric Paracetamol, Artificial Cow-bezoar and Chlorphenamine Maleate Granules (An Ka Huangmin Jiaonang): It is used for child use, primarily for flu and nose block. Egui Yangxue Keli: It is used to nourish blood, primarily after menses. It is also used for giddiness and irregular menses. Xiao’er Huatan Zhike Keli: It is used for clearing of phlegm and cough, primarily for child use. Wei C Yinqiao Pian: Because it is cool acrid superficies –resolving and could clear heat and resolve toxin, the product is used to cure fever, headache, cough, dry mouth, and throat pain caused by epidemic cold. Buzhong Yiqi Wan: It is used to reinforce the middle-energizer to replenish qi. It is also used for lassitude and visceroptosis. Zhibai Dihuang Wan: It is used to nourish yin to clearing away heat. It is also used for tidal fever and night sweating, tinnitus, and seminal emission, dry mouth, and sore throat. Liuwei Dihuang Wan: It is used to nourish yin to reinforce the kidney. It is also used for dizziness, tinnitus, weakness and aching in the lower back and knees, night sweat, and seminal emission. Biyuan Wan: It is used to dispel wind-evil and releasing stagnated lung-energy, clear away heat and toxicity, relieve nasal obstruction to stop pain. It is also used for the treatment of nasal obstruction, sinusitis with purulent discharge, un-free orifices, smell badly, headache, and eyebrow bone pain. Buzhong Yiqi Wan: It is used to reinforce the middle-energizer to replenish qi. It is also used for lassitude and visceroptosis. Maiwei Dihuang Wan: It is used to nourish the kidney and lung, as well as for tidal fever and night sweat, dry throat, dizziness, tinnitus, aching, and weakness in the lower back and knees due to a yin deficiency of the kidney and the lung. Mingmu Dihuang Wan: It is used to nourish the kidney and liver, and improve eyesight. It is also used for dryness of eyes, photophobia, blurred vision, and lacrimation irritated by the wind due to yin deficiency of the liver and the kidney. Nongsuo Yangrong Wan: It is used to reinforce qi and nourish blood, and invigorate the spleen to anchor the mind. It is also used for the weakness of spleen and lung, exhaustion, poor appetite, fright palpitation, night sweat, and poor memory. Tianwang Buxin Wan: It is used to replenish yin and nourish blood, and reinforce the heart to anchor the mind. It is also used for the treatment of insufficient heart-yin, palpitation, amnesia, insomnia, dreamfulness, and dry stools. Xiaoyao Wan: It is used to soothe the liver and invigorate the spleen, and nourish blood to regulate menstrualtion, as well as for menstrual disorders, distending pain in the chest and dizziness, poor appetite and due to stagnation of liver-qi. Qiju Dihuang Wan: It is used to nourish the kidney and liver. It is also used for dizziness, tinnitus, dryness of eyes and photophobia, dacryorrhea irritated by wind, and blurred vision due to yin deficiency in the liver and kidney. Guipi Wan: It is used to reinforce qi and invigorate the spleen, and nourish blood to anchor the mind. It is also used for shortness of breath, palpitation, insomnia, dreamfulness, dizziness, lassitude, and poor appetite due to deficiency in the heart and spleen. Ginkgo Leaf Extract and Dipyridamole Injection (Yinxing Damo Zhusheye): It is suitable for preventing and treating the coronary heart disease and thrombus embolism disease. Marketing and Distribution Network The company has 40 sales people in 26 provinces in China, as well as a distribution network in China that covers 1,220 hospitals and 10,150 medical halls (the Chinese term for TCM pharmacies, which include western style medicines as well). Core markets are the provinces of Hubei, Yunnan, and Henan. The company’s export network covers 15 countries, including major pharmaceutical markets, the U.S.A. and Japan. It also exports to Vietnam, Malaysia, Singapore, the Philippines, Hong Kong, Indonesia, and various European countries. Customers The company’s major customers are its distributors. Its customers include He Nan Sheng Wan Long Yi Yao Co., Ltd. and Wuhan Huashanrenfu Pharmaceutical Co., Ltd. Strategy The company’s strategy is to focus production on its highest margin products; continuously improve production facilities and process; maintain product quality; increase direct sales; acquire control of raw material supply; develop and acquire new products for manufacture; and expand distribution throughout China and overseas. A major element of the company’s growth strategy is to reduce its reliance on the wholesales and distributor channel, which adds middleman costs to the final drug prices. Patents The company has obtained six design patents, issued by the PRC Intellectual Rights Bureau Patent Bureau, which are used on the package of its products. Trademarks The company holds 43 valid PRC registered trademarks, among which 7 are protective MINKANG principal registered trademark, and holding 1 principal registered trademark of MINKANG in the United States of America. Government Approval The company is required to obtain a PRC Medicine Production License, which is issued by the U.S. Food and Drug Administration authority in order to be able to produce the medicines within the scope confirmed thereby. Research and Development During the year ended December 31, 2013, the company spent $81,630 on research and development. History Hubei Minkang Pharmaceutical Ltd. was founded in 2003.