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Jointown To List On China’s A-Share Market

This article was originally published in PharmAsia News

Executive Summary

Jointown Pharmaceutical, China's third largest pharmaceutical distributor, recently inaugurated its new drug logistics base in Beijing. The company's executive director revealed that Jointown has officially chosen to get listed on the domestic A-share market and will submit its application next year. Last September, the company received from seven overseas investors a total of $60 million, which represents the largest foreign investment brought in by China's private pharmaceutical distribution business to date. (Click here for more - Chinese Language)
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