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Tianyin Pharma Hopes to Sell Azithromycin API in India

publication date: Jul 15, 2013
Tianyin Pharma is looking for deals to market its Azithromycin API in the Indian subcontinent (Bangladesh, India, and Pakistan), though it was not specific about how it would accomplish this. When Tianyin started construction of the facility, the China market for antibiotics was larger than it is now. China’s crackdown on antibiotic use lowered domestic prospects for sales just at Tianyin was spending to increase production. In its Q3 (ended March 30, 2013), Tianyin announced antibiotics produced $1.1 million in revenue. More details....

Stock Symbol: (NYSE: TPI)

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