Shanghai Pharmaceuticals Holding Company Ltd has announced that it will make additional investments in its wholly-owned subsidiary, Shanghai Pharmaceutical Distribution Company Ltd.; and it will establish two new wholly-owned subsidiaries to create a nationwide pharmaceutical distribution network.

Chinese B2C e-commerce website 360buy.com has reportedly invested in Beijing Haoyaoshi Pharmacy Chain Company, a subsidiary of Jointown Pharmaceutical Group Company Ltd.

Hangzhou-headquartered China Jo-Jo Drugstores Inc. has opened its first retail outlet in Shanghai.

The time-honored traditional Chinese medicine brand Tongrentang has opened a new flagship retail store in Zhongguancun, Beijing.

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.

Herbalife Ltd. held a ground-breaking ceremony in Changsha, Hunan, for its state-of-the-art extraction facility for botanical extracts, powders and pure compounds to be used in its inner and outer nutrition products.