Transnational Corporations Eye Traditional Chinese Medicine Biz (China)
This article was originally published in PharmAsia News
Executive Summary
In the past 10 years there has been increasing global interest in the uses of traditional Chinese medicine (TCM), particularly in the country's vast supply of medicinal plants. According to a study by the Beijing Pharmaceutical Professional Association, the world's 15 leading pharmaceutical companies have increased their research into plant-based medications by 22 percent. Regulatory bodies around the world have also relaxed regulations on TCM products, leading more international companies to invest in their development. (Print Edition Only: Link to Full Text Unavailable