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Yhd sees healthy future in online OTC sales

By Meng Jing ( China Daily ) Updated: 2014-08-21 07:12:45

Analysts: Pharmaceutical retailers may face technology-driven shakeup

Yhd.com, a Shanghai-based online supermarket controlled by Wal-Mart Stores Inc, has been given permission by China's Food and Drug Administration to sell over-the-counter medicines online, a first in the nation.

The FDA in late July included Yhd.com in an online medicine retail pilot project. With the license, all the third-party pharmaceutical retailers that have set up online shops on the company's website are allowed to sell medicines directly to consumers.

Yhd sees healthy future in online OTC sales

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