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China Nuokang Bio-Pharmaceutical Inc. Announces Results of 2011 Annual General Meeting

BEIJING, Dec. 23, 2011 (GLOBE NEWSWIRE) -- China Nuokang Bio-Pharmaceutical Inc. (Nasdaq:NKBP) ("Nuokang" or the "Company"), a leading China-based biopharmaceutical company focused on the research, development, manufacture, marketing and sales of hospital-based medical products, today announced that the Company held its annual general meeting at 9 a.m. Beijing time on December 23, 2011. Each of the proposals submitted for shareholder approval was approved.

The primary resolution approved was to continue to engage Ernst & Young Hua Ming as the independent auditor of the Company for the fiscal year ending December 31, 2011.

About China Nuokang Bio-Pharmaceutical Inc.

China Nuokang Bio-Pharmaceutical Inc. (Nasdaq:NKBP) is a leading biopharmaceutical company in China focused on the research, development, manufacture, marketing and sales of hospital-based medical products. The Company provides a diversified portfolio of products across more than 3,000 hospitals in China. Nuokang's principal products include Baquting®, China's leading hemocoagulase product by market share, and Kaitong®, a lipid emulsion alprostadil product for the treatment of peripheral vascular diseases, cardiocerebral microcirculation disorders and post-surgery thrombosis. The Company's product pipeline includes product candidates under development in hematological, cardiovascular and cerebrovascular disease diagnosis, treatment and prevention. Please visit www.nkbp.com for more information.

CONTACT: ICR, Inc.
         In the U.S.: Ashley De Simone: 1-646-277-1227
         In China: Wen Lei Zheng: 86-10-6583-7510

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