Tongjitang Chinese Medicines Company Description
Modern medicine is developed with an eye toward the new and improved future. Tongjitang Chinese Medicines looks to past. The company manufactures and sells modernized versions of traditional Chinese remedies. Its core product is an herbal formula, known as Xianling Gubao, used to treat osteoporosis. Tongjitang makes more than 55 products, about 40 of them Western remedies. It operates mainly through subsidiaries Tongjitang Pharmaceutical, Tongjitang Distribution, Tongjitang Chain Stores, Tongjitang Planting, and Guizhou LLF Pharmaceutical. The company was formed in 1995 and went public in 2007.
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The Company Description provides a historical perspective of Tongjitang Chinese Medicines's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Tongjitang Chinese Medicines's evolution in the marketplace.
