China Medicine to Announce Second Quarter 2010 Financial Results on August 12, 2010

GUANGZHOU, China, Aug. 9 /PRNewswire-Asia/ -- China Medicine Corporation (OTC Bulletin Board: CHME) ("China Medicine" or "the Company"), a leading manufacturer, developer and distributor of Western pharmaceuticals, traditional Chinese medicines ("TCM"), and other health products, today announced that it plans to release its second quarter 2010 financial results after market close on Thursday, August 12, 2010.

China Medicine's management team will hold a conference call on Friday, August 13th, at 8:00 a.m. U.S. Eastern Time following the announcement. Listeners may access the call by dialing the following numbers:

United States toll free: 1-866-293-8969

    International:            1-913-312-0677

Listeners may access the replay through August 27, 2010 by dialing the following numbers:

    United States toll free:  1-888-203-1112
    International:            1-719-457-0820
    Password:                 4400886

About China Medicine Corporation

China Medicine Corporation, a vertically integrated enterprise with a research and development centre, manufacturing facility and well established sales network, engages in the production and distribution of prescription and over the counter ("OTC") drugs, traditional Chinese medicine ("TCM") products, herbs and dietary-supplements, medical devices, and medical formulations in China. The Company is developing a number of proprietary products for a variety of indications, including oncology, high blood pressure and toxin removal from food and animal feeds. For more information, please visit the Company's website at http://www.cmc621.com .

    For more information, please contact:

    ICR, Inc.
    In New York:
     Ms. Christine Duan
     Phone: +1-203-682-8200

    In Beijing:
     Ms. Wen Lei Zheng
     Phone: +86-10-6599-7968

    China Medicine Corporation
    In Guangzhou:
     Ms. Gavin Chen
     Phone: +86-20-8737-2102

SOURCE China Medicine Corporation