China Aoxing Pharmaceutical Corp. Receives Naloxene GMP Certificate

NEW YORK, NY -- (MARKET WIRE) -- November 21, 2006 -- China Aoxing Pharmaceutical Company, Inc. (“Aoxing”) (OTCBB: CAXG) announced that its Chinese subsidiary, Hebei Aoxing Pharmaceutical Group, has received GMP (Good Manufacturing Practices) certification for its Naloxone raw materials workshop from the State Food and Food Administration (SFDA) of the People’s Republic of China.

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