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India

NanJing Pharmaceutical Co Ltd (600713.SS)

600713.SS on Shanghai Stock Exchange

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Mon, Oct 9 2017

BRIEF-Nanjing Pharmaceutical signs letter of intent on medical welfare management project

* Says it signed letter of intent with Wanhu Health, a PBM company, to cooperate on medical welfare management project related business through technology JV and Welfare Management Center for patients with chronic diseases

BRIEF-Nanjing Pharmaceutical issues 2017 1st tranche super short-term financing notes worth 2 bln yuan

* Says it issued 2017 1st tranche super short-term financing notes worth 2 billion yuan with a term of 90 days and interest rate of 4.5 percent

BRIEF-Nanjing Pharmaceutical to sell 9 pct stake in China Healthcare Supply Chain Service for 12.5 mln yuan

* Says it plans to sell 9 percent stake in China Healthcare Supply Chain Service Co Ltd for 12.5 million yuan

BRIEF-Nanjing Pharmaceutical to acquire shares in three medicine related firms

* Says it plans to acquire 20 percent stake in Jiang Su Hua Xiao Pharmal Euhcal Lugisinls Co Ltd

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