U.S. Cardinal Health Puts $1.5 Billion China Business On Block
The emerging medical marijuana industry in Canada has had a sluggish start, and far criticism has been laid towards Health Canada, the regulatory body overseeing the licensing. The business alternatives are engaging, however the barriers for entry seem too high.
Now, the well being products business, by its very nature, allowed many small gamers into the market. Almost anyone may purchase product manufactured by a third party, put their label on it, and promote it. Or natural cures could be made with easy gear and minimally educated workers. This meant that small (even hobby) businesses may thrive – and so they did, not less than for a while. Shanghai Pharmaceutical Holding Co Ltd, China Resources Pharmaceutical Group Ltd and Sinopharm Group Co Ltd are among those wanting to purchase Cardinal Health China, one of the nation’s largest drug distributors, stated the first source who had direct knowledge of the matter. … Read more