China Pharma's CEO and president, Ms. Zhilin Li, commented, "We are pleased to announce the satisfactory completion of clinical trials for Candesartan, a multi-billion dollar revenue-generating drug, ahead of schedule. Hypertension is a serious problem linked to an increased incidence of other diseases, particularly brain edema, coronary heart disease and diabetes. Candesartan is a well-established and well-tolerated anti-hypertension drug with an excellent safety record and is known to be particularly suitable for cardiovascular and diabetic patients."
Ms. Li continued, "According to the Chinese government, ninety percent of China's citizens will be covered by a universal healthcare system by the end of calendar 2010. Candesartan's presence in the NIC allows users to receive reimbursement and will provide effective treatment for a high number of Chinese patients whose medication needs are seriously unmet. We see great potential in the target market and are excited to have an opportunity to provide this excellent anti-hypertension drug to individuals suffering from hypertension in China."
SOURCE China Pharma Holdings, Inc.