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China Sky One Medical, Inc. Obtains Production Rights for Two Additional Drugs

December 16, 2008

HARBIN, China, Dec. 16 /PRNewswire-Asia-FirstCall/ — China Sky One
Medical, Inc. (“China Sky One Medical” or “the Company”) (Nasdaq: CSKI), a
leading fully integrated pharmaceutical company producing over-the-counter
drugs in the People’s Republic of China (“PRC”), announced today that it
successfully obtained the production approval from the State Food and Drug
Administration (SFDA) in China for two additional drugs: Sodium Cromoglicate
Eye Drops for the treatment of allergic conjunctivitis and Ftibamzone Liniment
for the treatment of herpes and fungal skin infection. The company is
planning to launch the production of these two new approved drugs early next
year.

Including Sodium Cromoglicate Eye Drops and Ftibamzone Liniment, China Sky
One Medical has now received SFDA approval for a total of 15 new drugs in 2008.

    -- Sodium Ferulate injection for the treatment of cardiovascular disease;
    -- Compound Naphazoline spray is for the treatment of rhinopathy;
    -- Naphazoline Hydrochloride Chlorpheniramine Maleate and Benzalkonium
       Bromide spray for the treatment of rheumatic diseases;
    -- Doxofylline injection for the treatment of asthma and bronchitis;
    -- Oxymetazoline Hydrochloride nasal drops for the treatment of acute and
       chronic rhinitis, sinusitis and allergic rhinitis;
    -- Taurine eye drops for the treatment of acute and chronic
       conjunctivitis;
    -- Tobramycin eye drops for the treatment of acute infection on eyelids;
    -- Compound Zinc Sulfate eye drops for the treatment of acute and chronic
       conjunctivitis and trachoma;
    -- Ofloxacin suppositories for the treatment for bactericidal vaginitis
       and Oflcoxacin gel for the treatment of bactericidal colpitis;
    -- Nasal drops for the treatment of allergic rhinitis and sinusitis;
    -- Tinea Liniment for the treatment of athlete's foot (tinea pedis), hand
       ringworm (tinea manus), jock itch (tinea cruris) and fungal skin
       infection (tinea versicolor); and
    -- Skincare cream for the treatment of skin diseases such as acne, bottle
       nose, chromophytosis and vitiligo.

“We are proud to have obtained production approval for 15 new drugs in
2008 and see this as an outstanding achievement for China Sky One,” said Mr.

Yan-Qing Liu, Chairman and CEO of China Sky One Medical. “These drugs treat a
variety of illnesses and we are excited about their market potential. We are
confident that strong results from our R&D efforts will lead to more drug
approvals in 2009, which will further enhance our sales performance.”

About China Sky One Medical, Inc.

China Sky One Medical, Inc., a Nevada corporation, is a holding company.
The Company engages in the manufacturing, marketing and distribution of
pharmaceutical, medicinal and diagnostic products. Through its wholly-owned
subsidiaries, Harbin Tian Di Ren Medical Science and Technology Company
(“TDR”), Harbin First Bio-Engineering Company Limited (“First”), Heilongjiang
Tianlong Pharmaceutical, Inc. (“Tianlong”) and Peng Lai Jin Chuang Company
Pharmaceutical Company (“Jin Chuang”) the Company manufactures and distributes
over-the-counter pharmaceutical products, which make up its major revenue
source. For more information, visit http://www.skyonemedical.com .

Safe Harbor Statement

Certain of the statements made in the press release constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements can be identified by the use
of forward- looking terminology such as “believe,” “expect,” “may,” “will,”
“should,” “project,” “plan,” “seek,” “intend,” or “anticipate” or the negative
thereof or comparable terminology. Such statements typically involve risks and
uncertainties and may include financial projections or information regarding
our future plans, objectives or performance. Actual results could differ
materially from the expectations reflected in such forward-looking statements
as a result of a variety of factors, including the risks associated with the
effect of changing economic conditions in The People’s Republic of China,
variations in cash flow, reliance on collaborative retail partners and on new
product development, variations in new product development, risks associated
with rapid technological change, and the potential of introduced or undetected
flaws and defects in products, and other risk factors detailed in reports
filed with the Securities and Exchange Commission from time to time.

    For more information, please contact:

    Company Contact:
     China Sky One Medical, Inc.
     Mr. Yu-Bo Hao, CFO
     Tel:   +86-451-5399-4069
     Email: china_sky_one@yahoo.cn

    Investor Relations Contact:
     CCG Investor Relations
     Mr. Crocker Coulson, President
     Tel:   +1-646-213-1915
     Email: crocker.coulson@ccgir.com
     Web:   http://www.ccgirasia.com

SOURCE China Sky One Medical, Inc.


Source: newswire



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