Shandong Sinobioway Biomedicine Co.,Ltd. (002581.SZ) announced that its wholly-owned subsidiary, Shandong TIAN AN Pharmaceutical Co., Ltd. ("TIAN AN"), has recently obtained the Drug Distribution License issued by the Shandong Provincial Drug Administration. The permitted scope includes: traditional Chinese medicine decoction pieces, Chinese patent medicines, chemical drugs, and biological products (excluding vaccines), with the above business scope covering refrigerated and frozen pharmaceuticals.