Published in Medicine and Law Weekly, December 24th, 2004
Beginning July 1, 2004, all pharmaceutical companies in China were required to obtain national approval licenses to manufacture each of their pharmaceutical products.
In April 2004, AXM submitted applications to renew their licenses, however while pending approval, under law, AXM was not allowed to manufacture or sell any of their drugs.
Forty-two of AXM's pharmaceutical products have now been approved and the commencement of sales can begin.
"We are extremely pleased that...
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