SXTC Overview
China SXT Pharmaceuticals, Inc. ("China SXT") is an innovative pharmaceutical company based in Taizhou, Jiangsu of China, focusing on the research, development, manufacture, marketing and sales of Traditional Chinese Medicine Pieces ("TCMP"), and particularly, Advanced TCMP (Directed-oral TCMP, and After-soaking TCMP) which is a sort of Traditional Chinese Medicine ("TCM") that has been processed to be ready for use without decoction. TCMPs have been widely accepted by Chinese people for thousands of years.
"Su Xuangtang (SXT)", which has almost 280 years of history, is a famous TCM brand in Eastern China. Due of its brand recognition, SXT has received many awards from the local government such as the Jiangsu Taizhou Famous Product Award, and Well-known Brand Trademark granted by the government of Taizhou city. To some, SXT is more than just a TCM brand; it is a symbol of tradition and culture, which Chinese customers value deeply.
We devote substantial resources to the research and development of new products, which do not require additional approval from regulatory agencies unless the products are Traditional Chinese Patent Medicine(TCPMs). We have submitted 13 invention patent applications with the State Intellectual Property Office of the PRC. All of these patents are under process of substantive exam.
Dr. Jingzhen Deng, a veteran in the TCM industry, joined the company as a vice president in June 2013 and rebuilt our R&D team. Since 2013, he has been our Chief Scientific Officer. Dr. Deng has 16 years of experiences at university and pharmaceutical companies specializing in natural products in the USA and more than 20 years at TCM related universities and institutes and a pharmaceutical company in China. He established our general R&D strategy to use modern technology to revolutionize TCMP production and continue developing newly advanced and non-decocting TCMP/TCM products capable of meeting the highest quality standard.
The strategy includes a calculated system of studying aqueous extracting ratio and fingerprint or characteristic charts of components, quantization of bioactive compounds, quality control, stability, development of production process of TCMP products, and establishing a higher benchmark for advanced TCMP products in China.
MISSION
Benefit the Health of People.
Promote Modern Chinese Medicine.
Inherit the Essence of TCM.
VISION
Become the Continuing Leader of
Modern Chinese Medicine.
VALUE
Kind-Heartedness and Benevolence
Integrity and Sincerity.
SPIRIT
Inherit the Spirt of Benevolence and Righteousness
The Ten Commandments Educate People.
In recent years, the TCMP industry has enjoyed more rapid growth than any other segment of the pharmaceutical industry primarily due to favorable government policies, as TCMP products do not have to go through rigorous clinical trials before commercialization. ?We currently sell three types of TCMP products: Advanced TCMP, Fine TCMP and Regular TCMP. Advanced TCMP typically is of the highest quality because it requires specialized equipment to manufacture, and has to go through more manufacturing steps to produce than Fine TCMP and Regular TCMP. Fine TCMP is also manufactured with more refined ingredients than regular TCMP.
In China, TCMP companies are treated differently from pharmaceutical companies manufacturing chemical entities (“Western Drugs”) and Traditional Chinese Patent Medicine (“TCPM”). Both Western Drugs and TCPM are required to go through clinical trials and obtain approval, whereas TCMP products have no such requirement. Once a TCM company has obtained a Pharmaceutical Manufacturing Permit and GMP Certificate, it can begin manufacturing TCMP products immediately.
We currently produce 19 Advanced TCMPs, 20 Fine TCMP and 427 Regular TCMP products. ?Recently, we have also been granted the permission to produce TCM Homologous Supplements (“TCMHS”), a classification of health-supporting food used traditionally in China as TCM but which are also consumed as food.