Yunnan’s Pharmaceutical Firms Eye Medical Cosmetics
This article was originally published in PharmAsia News
Yunnan province's three leading pharmaceutical companies Yunnan Baiyao, Kunming Shenghuo Pharmaceutical and Kunming Dihon Pharmaceutical are focusing on developing medical cosmetics as a new source of expansion. Shenghuo, aiming to be China's top medical cosmetic brand, will launch four new products this October. Dihon has established a daily chemical branch in Shanghai and launched Dianhong Skin Moisturizer in early 2008. Its chemical product Dianhong Kangwang is projected to hit RMB 200 million ($29.2 million) in revenue this year. Yunnan Baiyao is expected to officially launch its first medical cosmetic product in 2009. Experts observe that local pharmaceutical firms are actively seeking breakthroughs in the tough times. Their inherent strengths in developing medical cosmetic products will provide them leverage for entering the promising industry. (Click here for more - Chinese Language)
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