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01558 HEC CJ PHARM
RTNominal up12.500 +0.420 (+3.477%)
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04/11/2019 14:53

HEC Pharm (01558) signs strategic cooperation agreement

[ET Net News Agency, 4 November 2019] YiChang HEC ChangJiang Pharmaceutical Co., Ltd.
(01558) said it entered into a strategic cooperation framework agreement with Jointown
Pharmaceutical Group Co., Ltd. (Jointown Pharmaceutical).
It authorised Jointown Pharmaceutical as the exclusive general distribution agent for
its products of three separate standards for oseltamivir phosphate (Kewei) and other
pharmaceuticals (subject to further negotiation between the parties) to be sold through
the OTC channel(s) within the PRC. The term of cooperation is for three years.
Jointown Pharmaceutical is a company whose shares are listed on the Shanghai Stock
Exchange (Stock Code: 600998) and principally engages in the business of pharmaceutical
distribution in the PRC. (RC)

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