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Cachet Pharma Adds to Capacity of Beijing Drug Logistics Center



4/14/2011 1:22:55 PM

April 14, 2011 -- Cachet Pharmaceutical will use 60 million RMB from its 2010 IPO to build the third phase of a drug distribution logistics center. The center will cover 30,000 square meters and have the ability to handle 10 billion RMB of drugs per year, which Cachet says will be the largest in China. Cachet is a major player in Beijing’s wholesale/retail drug distribution market. More details....

Stock Symbol: (SHE: 002462)


Read at ChinaBio Today


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