Forty-eight retail drugstores, including Jingyitang and Kangzhong Drugstore, in Tianjin are approved to be medical insurance oversight units. Read More >

China Nepstar Chain Drugstore says it has entered into a license agreement with SAP AG to purchase the full SAP ERP system. Read More >

The U.S. Pharmacopeial Convention and the Chinese Pharmacopoeia Commission have signed a Memorandum of Understanding with the purpose of working together to strengthen the quality of medicines and foods in the United States and China. Read More >

China Nepstar Chain Drugstore announced its financial results for the quarter and fiscal year ended December 31, 2007 and said revenues increased 9.5% to RMB524.1 million compared to the same period in 2006. Read More >

China's State Food and Drug Administration has exposed 25 websites that have been involved in illegal selling of medicines. Read More >

Medicine Shoppe, a global drugstore retail company, is facing closure in China. At present, a large number of its high and middle level leaders have quit and Zhang Guofang, general manager of Medicine Shoppe China Area, is also preparing to leave his position. Read More >

China Nepstar Chain Drugstore has entered into a definitive agreement with DongGuan Hui Ren Tang Pharmaceutical Company to acquire all of its 18 directly operated retail chain drugstores in Dongguan City, Guangdong Province for cash consideration of RMB2.3 million. Read More >

Shanghai No.1 Pharmacy Company, the leader in Shanghai's medicinal retail industry, has announced the resignation of its former general manager Shao Songqi and the appointment of Xu Zhenwu from Bailian Group as Shao's replacement. Read More >

The People's Government of Hebei Province has recently announced its Government Decree No.1, which says that abortion drugs should be banned for sale in retail companies in the province. Read More >

ePlanet Ventures has announced a Series E investment into iKang, a privately-held healthcare management services company in China. Read More >