Xiaoer Qingre Zhike Granule is formed after the addition of Baikal Skullcap Root, Indigowoad Root, and Asiatic Moonseed Rhizome to Ephedra, Apricot Kernel, Licorice and Gypsum Decoction, to give antiviral effect and clear lung heat, which is manifested in its use on Hospital Acquired Pneumonia, Mycoplasma Pneumonia and Bronchiolitis in infant. As a pediatric Chinese medicine for clearing heat and stopping cough, it has a long standing history and has been widely recognized, as well as recommended by Chinese medicine practitioners.
As Xiaoer Qingre Zhike Granule is a complementary product to the Group's other major pediatric drug, Tuoen (Ibuprofen suspension and drops), this technology transfer will broaden the Group's product mix, allowing the Group to increase its share in Mainland China's pediatric drug market. In addition, as a Chinese proprietary herbal medicine, Xiaoer Qingre Zhike Granule further perfects the Group's Chinese medicine business segment.
Rooted in the Greater
"This acquisition represents an important step to the Group's continued efforts to broaden its product mix and perfect its Chinese medicine whole industry chain layout. The market of pediatric drugs for heat alleviation and cough continues to expand as such drugs are widely recognized and accepted. The Group is confident that by adopting proper distribution, promotion, channels, and pricing strategy, this product will bring important sales contribution to the Group. As a standing policy, the Group seeks rapid business growth organically and inorganically to acquire good products, business, and so on. As Chinese medicine continues to gain attention and importance domestically and internationally, the Group remains optimistic on the development of Chinese medicine in the world. With the support of national policy, the Group will endeavor to become a leading integrated pharmaceutical enterprise by making prudent short, medium and long term planning, " commented by the spokesperson of the Company.
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