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Partnership for online drug sales

By Qiu Quanlin in Guangzhou ( China Daily ) Updated: 2015-01-14 08:53:54

Guangzhou Baiyunshan plans private placement to augment funds

Guangzhou Baiyunshan Pharmaceutical Holdings Co, a Hong Kong-and Shanghai-listed company, signed a strategic agreement with Alibaba Health Information Technology Ltd on Tuesday to support its online sales, officials at the pharmaceutical company said.

"The agreement is aimed at establishing online-to-offline market integration for Baiyunshan's medical products. Both sides will also explore opportunities to jointly boost medical services and the wider health industry," said Li Chuyuan, president of Guangzhou Baiyunshan.

Partnership for online drug sales

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