China SXT Pharmaceuticals, Inc. Announces Plans to Increase Production
China SXT Pharmaceuticals, Inc. (SXTC)
Company Research
Source: Business Wire
TAIZHOU, China--(BUSINESS WIRE)--China SXT Pharmaceuticals, Inc. (NASDAQ: SXTC) ("China SXT" or the "Company"), a specialty pharmaceutical company focusing on the research, development, manufacturing, marketing, and sales of Traditional Chinese Medicine Pieces ("TCMPs"), announced today that it will be increasing its production of its entire TCM product line, in response to recent Chinese government pronouncements signaling a large expansion of the role and use of TCMPs in the Chinese health care system.The initial directive, promulgated by the State Council of the People’s Republic of China, contained general priorities in medical and healthcare system reform. This was followed by guidelines issued by the State Council together with the Central Committee of the Communist Party of China, which specifically called for all community health service centers and township clinics in the country to offer TCM services by 2022, including TCM-based solutions for the prevention and treatment
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