On August 13, dietary supplement developer “Tanba Pharma” completed a 10 million RMB angel round of financing, led by Hong Kong Guihe Capital. Tanba Pharma, a subsidiary of the Japanese health food company Showa Co., Ltd., is a developer and producer of dietary supplements. The company has successfully operated several trusted health food brands in … Read more
On August 9, Beingmate (002570) announced that its wholly-owned subsidiary, Beingmate (Hangzhou) Food Research Institute Co., Ltd., plans to co-invest with Xianduan Bio and Weifu Bio to establish Bemeide (Hangzhou) Life Science and Technology Co., Ltd. This new company aims to collaborate with leading synthetic biology experts in China to develop key nutrients tailored to … Read more
On August 12, Minsheng Health (301507) announced that it plans to sign a “Strategic Cooperation Intent Agreement” with Pan Yulin and Zhongke Jiayi (Shandong) Investment Holding Co., Ltd., marking a preliminary intent for strategic cooperation between the two parties in the field of probiotics. Source: Minsheng Pharmaceutical Holdings Group Sign Up to Receive China Updates … Read more
On August 14, JD Health (06618.HK) announced that its total revenue for the first half of 2024 reached 28.3 billion RMB, reflecting a year-on-year growth of 8.5%. The net profit margin for the first half of the year was 9.3%, setting a new semi-annual record since the company’s listing. Revenue for the second quarter was … Read more
On August 12, Sirio Pharma (300791.SZ) released its 2024 semi-annual report, revealing a total operating revenue of $273.63 million USD, an increase of $61.26 million USD compared to the same period last year, marking two consecutive years of growth. This represents a year-on-year increase of 28.85%. The net profit attributable to shareholders was $21.15 million … Read more
On August 14, the State Administration for Market Regulation (SAMR) announced that 190 Foods for Special Medical Purposes (FSMP) from 64 companies have been approved for registration, achieving full category coverage. Notably, 102 FSMPs have been approved since the beginning of 2023, surpassing the total number of registrations in the previous six years combined. Source: … Read more
YINCHUAN, Aug. 11 (Xinhua) — Over a decade ago, Hu Yuzhu could never have imagined that her hometown in the arid desert of northwest China’s Ningxia Hui Autonomous Region would one day transform into an oasis. Today, Mingsha Town in Ningxia’s Zhongwei City has been turned into a lush oasis adorned with trees bearing branches … Read more
Dairy companies are shifting their focus in China from babies to adults, as a falling birth rate and intense competition force them to search for new areas of growth in what has long been one of the world’s biggest markets for milk. The A2 milk company, headquartered in New Zealand, last month announced new milk … Read more
Popping supplements, drinking herbal teas and signing up for lifestyle classes, China’s youth are turning to the wellness industry as work stress and pandemic memories spur a growing interest in health. These new habits are part of a global wellness boom, but the traditional concept of “yangsheng” — literally meaning “cultivating one’s life force” — … Read more
Morinaga Milk Industry Co., Ltd. (TOKYO:2264), a leading Japanese dairy product company, today announced its proprietary probiotic Bifidobacterium infantis M-63 was approved by the National Health Commission (NHC) of the People’s Republic of China as a new food ingredient for use in infant and children foods (under the age of three) on 25 July, 2024. This approval marks … Read more
