May 11, China Medico Co., Ltd. and Tsumura & Co. sign a strategic cooperation agreement. Both sides agree to develop further strategic cooperation in stabilizing production and supply of Chinese medicine, sharing raw material of Chinese medicine decoction pieces bases and strengthening technical support and corporation.
According to the agreement, the two sides will take further step to tamp the corporation basis in Chinese medicine stable production, strengthen the co-research and bases construction of important Chinese medicine varieties such as ginseng, together build a long-term supply system of traditional Chinese medicine, guarantee the stable supply of raw material of Chinese medicine Tsumura & Co. needed and strengthen Tsumura & Co.’s technical support for China Medico Co., Ltd. Meanwhile, China Medico Co., Ltd. and Shenzhen Tsumura Medicine Co., Ltd., the wholly-owned subsidiaries of Tsumura &Co., will share Chinese medicine planting bases with each other as well as mutually provide high-quality raw material of Chinese medicine decoction pieces.
Tsumura & Co. is the biggest manufacturing enterprise of Chinese prescription preparation for medical use. Its saleroom can up to 85% of Japanese kanpo medicine market.
China Medico Co., Ltd. is one of the leading enterprise of Chinese medicinal materials and Chinese Medicine decoction pieces industry. With the layout of the whole industry chain resources of Chinese medicine materials and the whole process quality traceability management system, China Medico Co., Ltd. is devoted to providing high-quality Chinese medicine for Chinese people.
As reported, China Medico Co., and Tsumura & Co. signed a long-term strategic cooperation agreement in 2011. According to some related official, “Under the agreement, the two sides can further the strategic cooperation relationship and provide support to the stable increase of Chinese medicinal materials and Chinese Medicine decoction pieces. It is of great significance to the long-term development of China Medico Co., Ltd.