Date
17 October 2017

Kangmei to manage pharmacies of nine hospitals, filing says

Kangmei Pharmaceutical Co. Ltd. (600518.CN) said in a regulatory filing on Thursday it has signed custodian agreements with nine hospitals to manage their pharmacy operations. Under the agreement, the company will supply all the medicines used by the hospitals and ensure the availability of special drugs for emergency cases, while the hospitals will be in charge of setting the medicine catalogues. Kangmei will also manage the hospitals’ pharmaceutical warehouses, the filing said.

– Contact HKEJ [email protected]

TL/AC/CG

 

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