First China Pharma (GREY:FCPG)

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KUNMING, CHINA--(Marketwire - Aug 21, 2012) - First China Pharmaceutical Group, Inc. (OTCBB: FCPG) ("First...
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At least one FIE exists in the corporate structure

First China Pharmaceutical Group, Inc. aims to develop a high growth pharmaceutical distribution company generating significant revenue from the sale of healthcare products in China. As part of its business strategy, the Company has acquired the assets of Kun Ming Xin Yuan Tang Pharmacies Co. Ltd. (XYT), which includes a strategic advantage over its competitors as it is one of a handful of pharmaceutical distribution companies in Yunnan Province that has obtained government approval to market and fill orders using the internet. First China Pharmaceutical Group plans to continue the rapid growth of the company from its current position as a provider of approximately 5,000 drugs to more than 4,700 pharmacies, hospitals and clinics in China's Yunnan Province. For more information visit: www.firstchinapharma.com

Web site: http://www.firstchinapharma.com

Last updated November 4, 2010