Global Pharmatech Announces a Patent Granted on Its Jutai Soft Capsule Product
09 Junio 2006 - 8:30AM
PR Newswire (US)
JILIN, China, June 9 /Xinhua-PRNewswire/ -- Global Pharmatech, Inc.
(OTC:GBLP.OB) (BULLETIN BOARD: GBLP.OB) a company that develops,
manufactures and markets proprietary drugs and nutritional
supplements that are based on modernized Chinese medicine and
bio-pharmacy, today announced that it had been granted an invention
patent on its Jutai soft capsules product. An invention patent is
China's highest and most prestigious grade of patent protection,
and is given to technology that is considered genuinely innovative.
The State Intellectual Property of the People's Republic of China
granted patent protection for the Jutai soft capsule as "an immune
modulating and anti-fatigue product." This patent also protects the
methods of product preparation, utility as well as methods of
quality control. The Chinese patent number is ZL03119221.1. Jutai
soft capsules consist of active ingredients of American Ginseng and
Echinacea, and the product was developed in accordance with the
theory of Traditional Chinese Medicine. Pharmacology studies showed
that Jutai enhanced immune activity and had an anti-fatigue
function in animal models. Since the product's launch in China in
2003, no side effects have been reported. Dr. Xiaobo Sun, CEO of
Global Pharmatech, is one of the most distinguished scientists in
the field of botanical medicines. He stated, "We are extremely
pleased to have been awarded a patent on this product. People are
overworked and multi-tasking these days, and they are looking for
ways to boost their energy. We developed Jutai soft capsule as a
dietary supplement to meet precisely this major need in the market.
And with the protection of this patent for the next 20 years, we
are in a better position to ramp up future sales." About Global
Pharmatech Global Pharmatech, through its subsidiaries, develops,
manufactures and markets proprietary drugs that are based on
Traditional Chinese Medicine using modern facilities and advanced
R&D technologies. The company offers a full range of
start-to-finish biotech services, from research and testing to
manufacture and sale of liquid and solid dose products. The Company
employs unique proprietary extraction methods and also licenses
patents and technologies for botanical/biological drug products.
Global Pharmatech's operations are currently based in the People's
Republic of China with sales distribution centers in China,
Malaysia, Singapore and Indonesia. For more information, please
visit Global Pharmatech.com Safe Harbor Statement under the Private
Securities Litigation Reform Act of 1995 This news release contains
forward-looking statements within the meaning of the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
These statements are based upon our current expectations and speak
only as of the date hereof. Our actual results may differ
materially and adversely from those expressed in any
forward-looking statements as a result of various factors and
uncertainties, including our ability to successfully develop and
commercialize products, competitive products in our key markets,
changes in consumer demand for our products, legislative,
regulatory and competitive developments and general economic
conditions. Our SEC filings discuss some of the important risk
factors that may affect our business, results of operations and
financial condition. We undertake no obligation to revise or update
publicly any forward-looking statements for any reason. For more
information, please contact: Joseph Levinson Chief Financial
Officer Global Pharmatech, Inc. Tel: +1-905-787-8225 Email: Or
Zhuojun Li Investor Relations Global Pharmatech, Inc. Tel:
+1-905-787-8225 Email: DATASOURCE: Global Pharmatech, Inc. CONTACT:
Joseph Levinson, Chief Financial Officer, +1-905-787-8225, , or
Zhuojun Li, Investor Relations, +1-905-787-8225, , both of Global
Pharmatech Inc. Web site: http://pharmatech.com/
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