China SXT Pharma to increase production of TCMP products, shares soar

China SXT Pharmaceuticals

27/01/2020 12:53

** Shares of traditional Chinese medicine pieces (TCMP)
developer  SXTC.O  jump 18% to $1.05 premarket, set for their
best day in more than two weeks
    ** Company said on Friday it will increase production in
after Chinese government signaled a large expansion of the role
and use of TCMPs in the Chinese health care system  urn:newsml:reuters.com:*:nBw8hnWXza
    ** China last year had called for all community health
service centers and township clinics in the country to offer TCM
services by 2022
    ** SXTC stock up ~8% YTD

 (Reporting by Susan Mathew in Bengaluru;)
 ((Reuters Messaging:
susan.mathew.thomsonreuters.com@reuters.net))