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 US¬-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)
