Good news of signing the contract

On December 19th, 2022, Rico International (Beijing) Medicine Technology Co., Ltd. reached a strategic consensus with Japan's Ribomic Co., Ltd. and Shanghai Huirui Medical Devices Co., Ltd. on the clinical development of RBM-007 with age-related macular degeneration (AMD), and signed a tripartite joint venture company framework agreement to jointly promote the clinical development, promotion and sales of this drug in Greater China.

How to understand the batch number and expiration date of drugs

According to the national regulations, except for Chinese herbal medicine and some Chinese herbal pieces, all finished drugs must be marked with the production batch number and the period of validity on their packages. Before purchasing and using drugs, the batch number and effective date should be carefully identified. The production batch number is the date of production of the drug, which generally uses six digits. The first two digits indicate the year, the middle two digits indicate the month, and the last two digits indicate the production batch number. If it is printed as "batch number: 060503", it means that the drug was produced in the third batch in May 2006. The term of validity refers to the approved service life of a drug, which means that the drug can guarantee its quality under certain storage conditions. The term of validity of a drug is a mark related to the stability and safety of the drug. According to the newly revised Drug Law of the people's Republic of China in 2001, it must be marked in the instructions. The period of validity of a drug is determined by a series of scientific experiments to observe the time when it can maintain its efficacy under certain storage conditions from the date of production. If the production batch number is 060503 and the validity period is two years, it means that the validity period of the drug can be up to May 31, 2008. The term of validity of a drug is expressed on its package in chronological order. It is generally expressed as the term of validity to a certain month or year, or expressed in numbers. If it is valid until October 2008, or it is marked as valid until October 2008, 2008 / 10, 2008-10, etc.

Rico International (Beijing) Medicine Technology Co., Ltd.

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