Tianyin Pharmaceutical Co., Inc. (TPI)

[michaelstl]

Last Pattern:BULLISH ONE WHITE SOLDIER

2:17 am Tianyin Pharma: JCM updates on Azithromycin API Export (TPI) : Co provides update regarding the recent progress of the Jiangchuan Macrolide Facility. JCM has developed a new line of Azithromycin API products that support steady monthly export orders to South Asia.

Following a series of tests on quality, purity, intermediates contents, stereochemistry, stability in comparison with the international standards of Azi API, JCM has received monthly orders for manufacturing one of the major intermediates of Azi, Azithromycin amine at a competitive international price which varies from month to month according to the market demands and the foreign exchange rate. The monthly orders starting April this year for Azi Amine were estimated at 5-8 tons per month. TPI will provide updates on the development of the Azi Amine export on a quarterly base.