Companies
Sinopharm may buy Nanjing Pharmaceutical - report
(Agencies)
Updated: 2010-04-07 16:34
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Sinopharm, China's largest drug distributor, is considering acquiring Nanjing Pharmaceutical Group Ltd to expand its presence in eastern China, according to a media report.
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Nanjing Pharmaceutical Group, parent of drugmaker and distributor Nanjing Pharmaceutical Co Ltd?and Jinling Pharmaceutical Co Ltd, owns?ten pharmaceutical manufacturing enterprises and operates a distribution network of more than 1,000 outlets in the mainland.
Sinopharm officials were not immediately available for comment.
