Shandong Sinobioway Biomedicine subsidiary, Unnamed TIAN AN, has obtained a drug operation license.

Shandong Sinobioway Biomedicine (002581.SZ) announced that its wholly-owned subsidiary Shandong Weiming TIAN AN Pharmaceutical Co., Ltd. (referred to as "Weiming TIAN AN") recently obtained a Drug Operation License issued by the Shandong Provincial Drug Administration. The permitted scope of operation includes traditional Chinese medicine, Chinese patent medicine, chemical drugs, biological products (except vaccines), and refrigerated and frozen drugs.