Youcare Pharmaceutical Group (SHA: 688658), a China-based pharmaceutical company, has entered into a partnership with Sinopharm Group Heilongjiang Co., Ltd., a major player in China’s pharmaceutical distribution sector. This collaboration is aimed at expanding Youcare’s market reach and resource pool, leveraging Sinopharm’s (HKG: 1099) extensive distribution channels and resource advantages. The financial specifics of the agreement have not been disclosed.
Youcare Pharma boasts a robust product pipeline that encompasses oncology, neurological systems, cardiovascular systems, and metabolic diseases. The company’s cationic lipid excipient product, YK-009, is registered in both China and the United States, playing a supportive role for nucleic acid companies both domestically and internationally.- Flcube.com
