Tag China

Bayer acquires OTC drug firm Dihon for $586 million [China Daily: Africa Weekly]

Nov18

Germany-based drugmaker Bayer AG said it has completed the acquisition of privately held Dihon Pharmaceutical Group Co Ltd in Kunming, capital of Yunnan province, for 3.6 billion yuan ($586 million), which will help it become the world’s largest non-prescription medicine group.Bayer will hold 100 percent of Dihon, which specializes in over-the-counter skin products and herbal […]

Bayer acquires OTC drug firm Dihon for $586 million [China Daily: US Edition]

Nov18

Germany-based drugmaker Bayer AG said it has completed the acquisition of privately held Dihon Pharmaceutical Group Co Ltd in Kunming, capital of Yunnan province, for 3.6 billion yuan ($586 million), which will help it become the world’s largest non-prescription medicine group.Bayer will hold 100 percent of Dihon, which specializes in over-the-counter skin products and herbal […]

Bayer acquires OTC drug firm Dihon for $586 million [China Daily: Hong Kong Edition]

Nov18

Germany-based drugmaker Bayer AG said it has completed the acquisition of privately held Dihon Pharmaceutical Group Co Ltd in Kunming, capital of Yunnan province, for 3.6 billion yuan ($586 million), which will help it become the world’s largest non-prescription medicine group.Bayer will hold 100 percent of Dihon, which specializes in over-the-counter skin products and herbal […]

China Nepstar Chain Drugstore to Report Third Quarter 2014 Financial Results on November 26, 2014

Nov18

By a News Reporter-Staff News Editor at China Weekly News China Nepstar Chain Drugstore Ltd. (NYSE: NPD) (“Nepstar” or the “Company”), a leading retail drugstore chain in China based on the number of directly operated stores, announced that the Company will report its unaudited financial results for the third quarter of 2014 on November 26, […]

US FDA chief going to China for drugs review [China Daily: Hong Kong Edition]

Nov17

The head of the US Food and Drug Administration (FDA)is going to China this week to complete agreements on inspection and regulatory reviews for drugs with seventh-largest provider of pharmaceuticals to the United States.Dr Margaret Hamburg, who is scheduled to arrive in Beijing on Monday, will also attend the ninth International Summit of Heads of […]

J&J eyes dealmaking in China to ratchet up pharma sales [EMBIN (Emerging Markets Business Information News]

Nov11

Bribery and pricing investigations aren’t scaring Johnson & Johnson ($JNJ) away from China. CEO Alex Gorsky tells The Wall Street Journal that his company is expanding full speed ahead in the fast-growing emerging marketand is actively looking at deals there to boost pharma sales.J&J’s sales in China last year hit about $3 billion, a 10% […]

Germany : Bayer completes acquisition of Dihon Pharmaceutical Group Co., Ltd. in China [TendersInfo (India)]

Nov6

Bayer has completed the acquisition of 100 percent of the shares of Dihon Pharmaceutical Group Co., Ltd., Kunming, Yunnan, China, a privately held pharmaceutical company specializing primarily in over-the-counter (OTC) dermatology products and herbal traditional Chinese medicine (TCM) products for various women s health indications. Bayer paid a purchase price of CNY 3.6 billion (approximately […]

Online sales help firms stay healthy [China Daily: US Edition]

Aug22

The Internet is a shot in the arm for retail drug industry, reports Yao Jing. When Shi Zhenyang was running nine drugstores in China five years ago, he struggled to compete with major chain Changsha Baixing Pharmacy. 7LK, his company, was a latecomer to the market and Shi felt he had missed his opportunity. "We […]

Online sales help firms stay healthy [China Daily: Africa Weekly]

Aug22

The Internet is a shot in the arm for retail drug industry, reports Yao Jing. When Shi Zhenyang was running nine drugstores in China five years ago, he struggled to compete with major chain Changsha Baixing Pharmacy. 7LK, his company, was a latecomer to the market and Shi felt he had missed his opportunity. "We […]

Yhd sees healthy future in online OTC sales [China Daily: Hong Kong Edition]

Aug21

An yhd.com banner displays at an exhibition on June 28, 2014 in Nanjing, Jiangsu province. [Provided to China Daily]Analysts: Pharmaceutical retailers may face technology-driven shakeup Yhd.com, a Shanghai-based online supermarket controlled by Wal-Mart Stores Inc, has been given permission by China’s Food and Drug Administration to sell over-the-counter medicines online, a first in the nation. […]