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Ginkgo biloba, commonly known as ginkgo or Gingko, also known as the maidenhair tree, is the only living species in the division Ginkgophyta, all others being extinct. It is a member of a very old genus, with some fossils dating back 200 million years.Ginkgo has a long history of use in treating blood disorders and memory issues. It is best known today as way to potentially keep your memory sharp. Laboratory studies have shown that ginkgo improves blood circulation by opening up blood vessels and making blood less sticky. It is also an antioxidant.