Dr Jiujiang Yu, Research Geneticist from the United States Department of Agriculture (USDA) presented his findings at the conference in regards to the presence of aflatoxins in corn feed and its implications in biofuel conversion from corn to ethanol. Aflatoxins have been known to be toxic and potent cancer inducing compounds. Aflatoxin contaminated corn can not be used for food and feed purposes, but can be used for ethanol production. However, aflatoxins could also be detrimental in fermentation and their potential hazard to health and to the environment when ethanol is used, as fuel is unclear. Future research may indicate it is necessary to remove or reduce aflatoxin levels in corn for use in ethanol production. Dr. Yu mentioned that the gene encoding for ADTZ enzyme can be engineered into fermentation organism used for ethanol production and hence aflatoxins could be effectively detoxified in the process.

CO-WIN Bioengineering is a majority owned subsidiary of China Medicine Corporation and has been working closely on the ADTZ solution to remove aflatoxins from a variety of different foods and animal feed. Dr.Yao from CO-WIN Bioengineering is spearheading the Company's efforts and has more than 13 years of expertise in this field. Dr. Yao previous positions included Professor of Jinan University, the President of the Institute of Microbial Biotechnology, Jinan University and he also served as a member of Chinese Society for Enzyme Engineering. As a result of this work, China Medicine has 6 patents pending related to this proprietary product.

''China Medicine is committed to creating a commercialized product platform that can remove the presence of dangerous aflatoxins from commonly used products,'' commented Mr. Yang, CEO of China Medicine. ''We have been jointly working on our ADTZ product with Dr. Yao for 3 years and have committed significant resources towards improving efficacy while receiving the necessary approvals. As a result we expect our product to reach the commercialization stage by late 2007.''

chinamedicinecorp/