OTCMKTS: BIMI

China-based BIMI International Medical Inc. (OTCMKTS: BIMI), a wholesaler of drugs and healthcare products, has announced plans to sell its wholly-owned distribution subsidiary, Chongqing Zhuoda Pharmaceutical Co., Ltd. The 100% equity stake in Zhuoda will be sold to three individuals in China who had previously sold the company to BIMI.…