Reckitt Benckiser Pharmaceuticals Inc. Buys Golong Medicine of Anhui, a TCM Maker

Published: Feb 25, 2013

by Richard Daverman, PhD

February 22, 2013 -- Reckitt Benckiser, a British maker of OTC drugs and home products, is reported to have bought Golong Medicine of Anhui, a TCM company known for its sore-throat treatment Man Yan Shu Ning. The British company wants to expand its foothold in China as a way to increase revenues from its extensive list of products. It does not intend to take Man Yan Shu Ning to the west. Financial details of the transaction were not disclosed. More details....

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