Will Receive $500,000 Annually for 3 years -- China Sky One Medical, Inc. (Bulletin Board: CSKI) has received a three-year grant from the Government of Harbin, the city in which it is located, for being an Innovative Enterprise. The grant was awarded by the city to ten companies that use new technology. The grant will pay 4 million RMB ($512,000) annually for the next 3 years.China Sky One Medical will use to money to underwrite its R&D efforts. More details...