Universe Pharmaceuticals INC Announces Inclusion of Six Products into the First Edition of Catalogue of Medicine for Patients Infected with COVID-19
December 21 2022 - 7:00AM
Universe Pharmaceuticals INC (the “Company”) (Nasdaq: UPC), a
pharmaceutical producer and distributor in China, today announced
that six varieties of the Company’s products were included in the
First Edition of Catalogue of Medicine for Patients Infected with
COVID-19 (the “Catalogue”), which was published by Beijing Health
Commission on December 12, 2022. The included products are
Banlangen Granules, Strong Loquat Extract, Pediatric Paracetamol,
Vitamin C Yinqiao Tablets, Acetaminophen Tablets and Metamizole
Sodium Tablets.
The Catalogue supplements the list of
recommended medicine in the Ninth Edition of the National Diagnosis
and Treatment Plan. The Catalogue recommends 67 types of
traditional Chinese medicine products for six different types of
medical symptoms, such as fever and sore throat, and recommends 41
varieties of western medicine products for four types of clinical
symptoms, such as cough and expectoration. In addition to
hospitals, patients can also purchase medicines included in the
Catalogue from channels such as retail pharmacies and e-commerce
platforms according to their own needs.
Mr. Gang Lai, Chairman and CEO of Universe
Pharmaceuticals INC, commented, “We are pleased to have our
products included in the Catalogue. Currently, the order volume of
our three products, Banlangen Granules, Strong Loquat Extract and
Pediatric Paracetamol, continues to increase. We will optimize the
supply chain system to meet the increasing demand and strive to
ensure sufficient supply of these three products for people to
fight against COVID-19 symptoms.”
About Universe Pharmaceuticals INC
Universe Pharmaceuticals INC, headquartered in
Ji’an, Jiangxi, China, is a pharmaceutical producer and distributor
in China. The Company specializes in the manufacturing, marketing,
sales and distribution of traditional Chinese medicine derivatives
products targeting the elderly with the goal of addressing their
physical conditions in the aging process and to promote their
general well-being. The Company also distributes and sells
biomedical drugs, medical instruments, Traditional Chinese Medicine
Pieces, and dietary supplements manufactured by third-party
pharmaceutical companies. Currently, the Company’s products are
sold in 30 provinces of China. For more information, visit the
company’s website at http://www.universe-pharmacy.com/.
Forward-Looking Statements
All statements other than statements of
historical fact in this announcement are forward-looking
statements. These forward-looking statements involve known and
unknown risks and uncertainties and are based on current
expectations and projections about future events and financial
trends that the Company believes may affect its financial
condition, results of operations, business strategy and financial
needs. Investors can identify these forward-looking statements by
words or phrases such as “may,” “will,” “expect,” “anticipate,”
“aim,” “estimate,” “intend,” “plan,” “believe,” “potential,”
“continue,” “is/are likely to” or other similar expressions. The
Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results and encourages investors to
review other factors that may affect its future results in the
Company’s registration statement and in its other filings with the
U.S. Securities and Exchange Commission.
For more information, please contact:
Ascent Investors Relations LLCTina
XiaoPresidentPhone:
917-609-0333Email: tina.xiao@ascent-ir.com
Universe Pharmaceuticals (NASDAQ:UPC)
Historical Stock Chart
From Dec 2024 to Jan 2025
Universe Pharmaceuticals (NASDAQ:UPC)
Historical Stock Chart
From Jan 2024 to Jan 2025