Traditional Chinese Medicine Retailer Accelerates Overseas Expansion
The time-honored traditional Chinese medicine brand Tong Ren Tang says it accelerated its overseas expansion and opened nine new stores in the overseas market in 2015.
medicine
Nepstar Drugstore Closes 59 Outlets Across China
Chinese pharmacy chain Nepstar Drugstore says it opened 38 new stores during the first half of 2015, while it closed 59 existing stores.
Watsons To Acquire Dutch Pharmacy Chain Dirx
Watsons, the health and beauty retail chain under Hutchison Whampoa, announced that the company has reached an agreement with Dutch pharmacy chain Dirx to acquire the 50 existing pharmacies of the latter as well as…
Foreign Firms Invest In China's Booming Healthcare Sector
Medipal Holdings Corporation and Mitsubishi Corporation have each purchased 20% of shares in major Chinese pharmaceutical wholesaler Sinopharm Group Beijing Tianxingpuxin Bio-med Sinopharm Holding Company Ltd. in Beijing.
Herbalife Gains New Chinese Direct-Selling License
U.S.-based nutrition company Herbalife can now conduct its direct-selling business in the southern Chinese province of Yunnan.
China's Tongrentang Pharmacy Opens New Store In Australia
The traditional Chinese medicine provider Beijing Tongrentang Group has opened a new medicine outlet in Cabramatta, a suburb of Sydney, Australia.
China Jo-Jo Faces Delisting In USA
Chinese pharmaceutical and healthcare products provider China Jo-Jo Drugstores Inc. was notified last week that it may soon be delisted.
China's No.1 Pharmacy To Acquire 50% Stake In Lianhua Fuxing Drugstore Chain
Chinese pharmacy operator No.1 Pharmacy plans to acquire a 50% stake in Shanghai Lianhua Fuxing Drugstore Chain Management Company Limited held by Shanghai Fosun Pharmaceutical (Group) Company.
Chinese Health Products Company Gains Investment
Shanghai-based e-commerce company Lenian.cn has gained a CNY20 million infusion from an investment management company in Hangzhou, China.
China's Tongrentang Opens New Branch In Middle East
Traditional Chinese medicine provider Tongrentang opened a new branch in the United Arab Emirates.