China Nuokang Bio-Pharmaceutical Provides Update on Kaitong

BEIJING, Dec. 1, 2010 (GLOBE NEWSWIRE) -- China Nuokang Bio-Pharmaceutical Inc. (Nasdaq:NKBP) ("Nuokang" or the "Company"), a leading China-based biopharmaceutical company focused on the research, development, manufacture, marketing and sales of hospital-based medical products, today announced that the manufacturing license for Kaitong has been issued by the State Food and Drug Administration ("SFDA"). Kaitong is one of the Company's key pipeline candidate products that was in-licensed from the Company's development partner, Jilin Yuhua. The Company continues to expect revenue contribution from the product in early 2011.

Baizhong Xue, the Company's Chairman and CEO, commented, "We are pleased to announce the exciting news that Kaitong has received its manufacturing license as planned. We have already begun to build out our marketing team and sales force in preparation for its launch and are well-prepared to quickly and effectively launch this product across our distribution network. With the addition of Kaitong to our cardiovascular product line, we believe 2011 will be a landmark year for Nuokang. We believe that Kaitong will become, next to Baquting, one of the driving forces behind our future revenue growth." 

The Company will hold a conference call at 8:00 am ET on December 2, 2010 to further discuss the marketing of Kaitong.

A telephone replay will be available beginning two hours after the conclusion of the call and will be available through December 9, 2010. Listeners may access the replay by dialing:

A webcast will also be available through the Company's website www.nkbp.com. ;

About China Nuokang Bio-Pharmaceutical Inc.

China Nuokang Bio-Pharmaceutical Inc. (Nasdaq:NKBP) is a leading biopharmaceutical company in China focused on the research, development, manufacture, marketing and sales of hospital-based medical products. The Company provides a diversified portfolio of products across more than 2,400 hospitals in China. Nuokang's principal products include Baquting®, China's leading hemocoagulase product by market share, and Aiduo®, a cardiovascular stress imaging agent. The Company's product pipeline includes product candidates under development in hematological, cardiovascular and cerebrovascular disease diagnosis, treatment and prevention. Please visit www.nkbp.com for more information. 

Safe-Harbor Statement

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