China-Biotics, a developer, manufacturer and distributor of probiotics products in China, has been ranked 62nd on Fortune's 2010 "Fastest-Growing Companies" list.

FortuneS 100 fastest-growing companies list includes foreign and domestic companies traded on a major US stock exchange with annual revenue and net income of at least $50 million and $10 million, respectively, a market capitalization over $250 million, and significant revenue and earnings growth over recent quarters, among other criteria.

Mr Jinan Song, chairman and CEO of China-Biotics, commented, "We are honored to have been distinguished by Fortune as one of this year's 100 Fastest-Growing Companies. The long-term growth prospect for our business model is gaining traction within the global professional investment community. In a recent speech, Minister of Health of China, Mr Zhu Chen, emphasized the need to minimize the excessive reliance on antibiotics. The government has endorsed the use of probiotics as an alternative. We believe probiotics present a viable long-term solution to address the antibiotics overuse while simultaneously improving the Chinese people's overall health level."