Beijing's pharmacy chain operators, including Cachet, Golden Elephant, Yishou Baixing, Haodekuai, and Jewim Pharmaceutical have jointly initiated a pharmacy alliance, which is the seventh pharmacy alliance in the provincial-level market in China.

Retail pharmacy chain China Jo-Jo Drugstores Inc. has just reported its full and fourth quarter financial results for the fiscal year ended March 31, 2010.

China's State Food and Drug Administration has published a bulletin in which it exposes 30 websites that have been allegedly selling fake medicines.

Japanese cosmetics company Shiseido has announced plans to introduce a new brand into China with the aim of gaining 20% growth in this market.

Despite the downturn in the economy, Christian Nothhaft, managing director of Watsons China, has announced that the company plans to open 120 new stores in 2009, which means opening two new stores weekly.

Chinese enterprise management software and e-business application solution provider Kingdee International Software Group has announced plans to acquire the Shenzhen-based Sunsoft Software Technology Company.