Sihuan Pharma to Invest $208 Million in Tonghua City Facilities

Sihuan Pharmaceutical Holdings Group reached an agreement with Tonghua City, Jilin Province to invest 1.375 billion RMB ($208 million) in the area over the next few years. The company will locate its northern headquarters in Tonghua, plus build an R&D facility and a manufacturing plant in the city’s life science park. Tonghua is seeking pharma investment as it strives to become “China Medical City.” More details.... Stock Symbol: (HKEX: 0460)