Shanxi CY Pharma Buys Controlling Interest in Baoling Group

by Richard Daverman, PhD

June 21, 2013 -- Shanxi CY Pharmaceutical Co. will purchase a stake of at least 80% in Hangzhou Baoling Group Co., Ltd. Baoling Group owns 75% of Zhejiang Baoling Pharmaceutical Co., Ltd., which produces healthcare and drug products for pregnant women. The purchase price was not disclosed. More details....

Stock Symbol: (SHE: 300254)

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