Tianyin Pharmaceutical

Last updated
Tianyin Pharmaceutical Co., Inc.
Public
Traded as AMEX:  TPI
Industry Healthcare – Drug Manufacture
Founded 1994
Headquarters Chengdu , the People’s Republic of China
Key people

Guoqing Jiang M.D.
( Chief Executive Officer, Chairman, President, and Chief Accounting Officer )
James Jiayuan Tong M.D., Ph.D.
( Chief Financial Officer, and Director )

Yang Tao

Contents


( Chief Operating Officer ) (Dec 31, 2013)
Services traditional Chinese medicine
Revenue $ 62.60M (Dec 31, 2013)
Number of employees
1200 (Dec 31, 2013)
Website www.tianyinpharma.com

Tianyin Pharmaceutical (AMEX :  TPI) was set up in 1994 and now is based in Cheng Du, China. The company focuses on biopharmaceutical medicines, famous for its generics, traditional Chinese medicines. Most of the products are used in internal medicines, gynecology, hepatology, otolaryngology, urology, neurology, gastroenterology, and orthopedics. Chengdu Tianyin Pharmaceutical Co., Ltd. is the TPI’s subsidiary. [1]

NYSE American Stock exchange located in New York City, New York, United States

NYSE American, formerly known as the American Stock Exchange (AMEX), and more recently as NYSE MKT, is an American stock exchange situated in New York City, New York. AMEX was previously a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange.

A biopharmaceutical, also known as a biologic(al) medical product, or biologic, is any pharmaceutical drug product manufactured in, extracted from, or semisynthesized from biological sources. Different from totally synthesized pharmaceuticals, they include vaccines, blood, blood components, allergenics, somatic cells, gene therapies, tissues, recombinant therapeutic protein, and living cells used in cell therapy. Biologics can be composed of sugars, proteins, or nucleic acids or complex combinations of these substances, or may be living cells or tissues. They are isolated from living sources—human, animal, plant, fungal, or microbial.

Traditional Chinese medicine Medicine system that has developed in China over more than 2000 years

Traditional Chinese medicine (TCM) is a style of traditional medicine based on more than 2,500 years of Chinese medical practice that includes various forms of herbal medicine, acupuncture, massage, exercise (qigong), and dietary therapy, but recently also influenced by modern Western medicine. TCM is widely used in Greater China where it has a long history, and recently it has begun "gaining global recognition". One of the basic tenets of TCM is that "the body's vital energy circulates through channels, called meridians, that have branches connected to bodily organs and functions." Concepts of the body and of disease used in TCM reflect its ancient origins and its emphasis on dynamic processes over material structure, similar to European humoral theory.

Products and services

In 2010, there were 56 Chinese medicines and pharmaceuticals produced by the company approved by the State Food and Drug Administration (SFDA), 23 of which are listed in the National Medical Reimbursement List (NMRL) and seven are listed in the Essential Drug List (EDL) of China. Nearly half of the medicines are prescription medicines.

Major products are Ginkgo Mihuan Oral Liquid (GMOL, targeting cardiovascular indications), Benorylate Granules, Xiaoyanlidan Tablets, Qijudihuang Mixture, Qianggan Syrup, Kangjunxiaoyan capsule and others. [2]

Research and development

Currently there are 17 products pending SFDA approval and engages in cooperation with many academic institutions in China, such as China Pharmaceutical University, Sichuan University, and Shaanxi University of Chinese Medicines. [3]
Sept. 2013Tianyin Pharmaceutical received the Official Certificate of GMP (Guidelines in English: http://eng.sfda.gov.cn/WS03/CL0768/65113.html) for both of its pre-extraction plant and formulation facilities by the China Food and Drug Administration (CFDA) officials. [4]
July. 2013, the company’s product Gingko Mihuan Oral Liquid (GMOL) was awarded Provincial Essential Drug List (PEDL) status at Guangdong Province. Before that, the company has included in the list in four provinces, namely Henan Province, Shandong Province, Sichuan Province and the City of Chongqing. [5]

China Pharmaceutical University

China Pharmaceutical University (CPU) is a university in Nanjing, China that specializes in the pharmaceutical sciences. It is one of the “Project 211” key universities and universities selected for the "985 Innovative Platforms for Key Disciplines Project" affiliated with the Chinese Ministry of Education, which has granted it Double First Class status in certain disciplines.

Sichuan University

Sichuan University is a university in Chengdu, the capital of Sichuan Province, China. It has a long history and many predecessors, of which the earliest one was founded in 1740 with the origin in BCE 141. It was transformed to be a modern university in 1920s and the name National Sichuan University (國立四川大學) was adopted in 1931.

Good manufacturing practices (GMP) are the practices required in order to conform to the guidelines recommended by agencies that control the authorization and licensing of the manufacture and sale of food and beverages, cosmetics, pharmaceutical products, dietary supplements, and medical devices. These guidelines provide minimum requirements that a manufacturer must meet to assure that their products are consistently high in quality, from batch to batch, for their intended use. The rules that govern each industry may differ significantly; however, the main purpose of GMP is always to prevent harm from occurring to the end user. Additional tenets include ensuring the end product is free from contamination, that it is consistent in its manufacture, that its manufacture has been well documented, that personnel are well trained, and the product has been checked for quality more than just at the end phase. GMP is typically ensured through the effective use of a quality management system (QMS).

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