China Health Holding Acquires Shaanxi MeiChen Pharmaceuticals
Natural herbal supplement company China Health Holding [CHHH] has entered into an agreement to purchase all of the outstanding stock of Shaanxi MeiChen Pharmaceuticals in an effort to enter the certified drug market.
Shaanxi MeiChen currently holds a total of 27 China-FDA certified drugs that the company distributes to hospitals and drugstores across China. This deal expands on China Health Holding's move into the certified drug market after last month's deal to acquire Furen Huaiqingtang Pharmaceutical and its portfolio of 46 China-FDA certified drugs.
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Natural herbal supplement company China Health Holding [CHHH] has entered into an agreement to purchase all of the outstanding stock of Shaanxi MeiChen Pharmaceuticals in an effort to enter the certified drug market.
Shaanxi MeiChen currently holds a total of 27 China-FDA certified drugs that the company distributes to hospitals and drugstores across China. This deal expands on China Health Holding's move into the certified drug market after last month's deal to acquire Furen Huaiqingtang Pharmaceutical and its portfolio of 46 China-FDA certified drugs.
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posted by Nico at
10:22 PM
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