China Yongxin Pharmaceuticals Inc. Signs Exclusive Franchise Agreement with Multi-Billion Dollar Drug Chain

CHANGCHUN, China & LOS ANGELES--(BUSINESS WIRE)--China Yongxin Pharmaceuticals Inc. (OTCBB: CYXN), a leading manufacturer, distributor and retailer of pharmaceuticals in Northeastern China, today announced that it has signed a 10-year franchise agreement with one of the world’s largest drug chains in the world, based out of the United States. The agreement will enable the Company to operate drug chain stores in Jilin Province under this drug chain’s brand name, which cannot be named at this time due to competitive reasons.

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