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FACT
Focus on Alternative and Complementary Therapies
Home > FACT contents > Volume 4 1999 > Volume 4:4 December 1999 > News

Focus Altern Complement Ther 1999; 4: 246

Agreement from seed to sale

American Biogenetic Sciences, Inc. has concluded an agreement with the Chinese Academy of Medical Sciences, Institute of Medicinal Plant Development and Beijing Union Medical & Pharmaceutical General Corporation to market and sell traditional Chinese medicines worldwide. Sales for herbal medicines on a worldwide basis, of which Chinese traditional medicine is the fastest growing segment, are expected to reach $6.6 billion by 2003, with a growth rate of over 20%.

American Biogenetic Sciences, Press Release Newswire, 21 July 1999.

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