Tongjitang Chinese Medicines Company Announces Share Purchase Agreement with Guizhou Long-Life Pharmaceutical Company Limited.

Business Wire | September 7, 2007 | Copyright

Acquires Profitable TCM Producer

SHENZHEN, China -- Tongjitang Chinese Medicines Company (NYSE: TCM) ("Tongjitang" or the "Company"), a vertically integrated and profitable specialty pharmaceutical company focusing on the development, manufacturing, marketing and selling of modernized traditional Chinese medicine ("TCM") in China, today announced that Guizhou Tongjitang Pharmaceutical Company Limited ("Guizhou TJT"), a wholly-owned subsidiary of Tongjitang Chinese Medicines, has entered into a Share Purchase Agreement ("SPA") with Guizhou Long-Life Pharmaceutical ...

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