Country's cold remedy enters the UK market

An application to sell a well-known Chinese cold and flu remedy in the United Kingdom has sent a positive signal for manufacturers of traditional Chinese medicine, or TCM, looking to enter the lucrative European markets.

The UK Medicines and Healthcare Products Regulatory Agency received a request to approve Isatis Cold and Flu Relief, based on the Chinese product Ban Lan Gen, in June.

Phynova, a life sciences company based in Oxford, submitted the application in collaboration with Xiangxue Pharmaceuticals Co Ltd, a leader in the modernization of TCM.