Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from the line of Shaojing Tong.
Shaojing Tong - Bank of America-Merrill Lynch
I just want to focus on this brand generic portfolio, whose sales fall substantially lower than the average normal level. You explained somewhat, but my focus was beyond going forward with this potential booming of generic market, what do you expect in the remainder of the year and you also mentioned that your sales force is more focused on so called third end market, do you start to see the effect of (inaudible)?
Jinsheng Ren
[Foreign Language]
No doubt the health care reform and also today announced the EDL list will be a help out in a long-term. In short term there are going to be additional, supplemental or matching policies along with this EDL list, also some of the local clinic authorities they are going to observe the progress of this the EDL. So I think the non-material impact in to us in short term. There are still some uncertainties remained at this stage, but in long term this is going to be benefiting for us.
Operator
Your next question comes from the line of James Tong of Roth Capital.
James Tong - Roth Capital
I wonder, if you can give me update of the current mid-term or short-term possibly accretive research projects that the product can be in market entry or can be accretive in the next six months or 12 months?
Jinsheng Ren
Dr. Wang has given you a brief introduction of the R&D and I believe to your question, we have two drugs, one is Iguratimod and other is Palonosetron, its in the process of SFDA approving, but on the exact timing is not defined at this stage, because it is in their hand.
Another product now on the approving process by SFDA is our H1N1 vaccine, developed by Yanshen Pharmaceuticals, which are affiliated company of ours. Of course, we expect it may be approved by SFDA this year, but again we are not really quite confirmed when it's going to be approved. It also depends on the flu situations in China and also the authority's view of the health care.
The last one is, number four is etanercept, which is developed by Celgen Pharmaceuticals, which is another affiliated company of Simcere, it has filed for SFDA already, but still don't know when its going to be approved. Thank you, for your interest in our pipeline products and also reminding us that we need to make more effort in the R&D and in the pipeline products.
- To read the full transcript on Seeking Alpha, click here »
