Dr. Liu continued, “The Zhejiang provincial government has ceased to accept applications for such wholesale drug licenses. The acquisition should greatly improve the long-term efficiency of the Company’s supply-chain operation and reduce its supply costs.”“Looking forward, we will continue our expansion in Zhejiang and Shanghai. We will also continue to expand our online drug store, the only licensed one in Zhejiang, to drive new growth and build long-term shareholder value.”
China Jo-Jo Drugstores Inc. Reports Record Financial Results Second Quarter Fiscal 2012 And Announces Second Quarter Fiscal 2012 Conference Call
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