Renhe Pharmacy Pays $46 Million for Two Pharma Acquisitions

Renhe Pharmacy, a company that makes OTC drug products including treatments for cold and flu, will spend 288 million RMB ($46 million) to acquire two smaller China drugmakers: Jiangxi Yaodu Zhangshu Pharmacy and Jiangxi Yaodu Pharmacy. Renhe purchased the two companies from their corporate parent, Jiangxi Yaodu Pharmacy Group. More details.... Stock Symbol: (SHE: 000650) Share this with colleagues: var switchTo5x=true; stLight.options({publisher:'d7871f5b-67bc-4d30-b66f-1465d0b97213'});