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China Earthquake Shuts Tongjitang Medicines Facility Down
Posted on May 15, 2008
Tongjitang Chinese Medicines Company (NYSE: TCM)of Shenzhen said that Monday s devastating earthquake in China hasdamaged the water piping system at its Guiyang facility, compromisingwater quality. As a result, the plant will be shut down until theproblem can be solved. The Guiyang facility produces Xianling Gubao [XLGB], the best-sellingtraditional Chinese medicine for the treatment of osteoporosis in Chinaand Tongjitang s flagship product. ...
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