Sep 17 2010
China-Biotics, Inc. (Nasdaq: CHBT) ("China-Biotics" or "the Company"), the leading developer, manufacturer and distributor of probiotics products in China, today announced that it has submitted two new patent applications to the State Bureau of Intellect Property.
The Company's wholly owned subsidiary, Growing Bioengineering (Shanghai) Co. Ltd., located in the Qingpu Industrial Zone, has filed two applications in the areas of heat resistant fermentation technology and probiotics protein beverage.
Mr. Jinan Song, Chairman and CEO of China-Biotics, concluded, "We continue to focus on the development of our proprietary technologies and products to heighten entry barriers for our competitors. After we successfully implemented our incentive plan for product development and production innovations, our sales team and R&D team are now working more closely with each other to develop new products, cut costs and increase productivities. Also, we will be launching more joint R&D programs with leading research institutions in China. Our goal remain intact, to provide the best comprehensive probiotics solutions to our end customers. As the Chinese government continues to address food safety measures and Chinese consumers are increasing their healthcare expenditures, we expect that more and more dairy and animal feed companies will embrace and increase the use of our probiotics products."