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Shanghai Pharma Negotiating with DHL on Global Drug Distribution

06:25 EDT 8 Aug 2017 | ChinaBio Today

Shanghai Pharma signed a memorandum of understanding with DHL Supply Chain, a global contract logistics firm, to prepare for a "rapid" global expansion and optimize its current pharma distribution network in China. Shanghai Pharma will gain priority access to DHL's global logistics network, including temperature-sensitive life sciences services to Europe. It also will work with DHL to make its China distribution procedures more efficient because of the government's cost-cutting two-invoice reform. More details....

Stock Symbol: (SHA: 601607)

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