) A Chinese pharmaceutical company launched the country's first domestic erectile dysfunction treatment drug Thursday, aiming to challenge foreign domination of the market.
The pill, called Jinge, is made by Guangzhou Bai Yun Shan Pharmaceutical General Factory in south China's Guangdong Province, Xinhua reported.
The company will sell the drug nationwide from late October, hoping to rake up to one billion yuan ($160 million) in revenues in the next few years.
The price of Jinge will be a fraction of that of foreign pills, according to the drug's maker. A subsidiary of Bai Yun Shan can produce materials used to make the drug.
The company said Jinge's dosage of 50 mg is specially designed for Chinese.
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