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Hutchison China MediTech (Chi-Med) Forms Infant Nutrition JV with Hain


5/26/2011 3:10:31 PM

May 26, 2011 -- Hutchison China MediTech formally announced it is forming a JV with Hain Celestial Group that will enter the Chinese infant-formula milk powder market. The goal is a premium-priced, organic product; Hain is a USĀ¬-based producer of natural and organic food products. The project has been in the works for two years: the JV was originally announced in 2009. More details....

Stock Symbols: (AIM: CHM) (NSDQ: HAIN)


Read at ChinaBio Today

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