# traditional Chinese medicine
Latest news and articles about traditional Chinese medicine
Total: 2 articles found
Founder of Buchang Pharmaceuticals Faces Court-Imposed Consumption Ban as Family Hotel Owes RMB 16m
An 84‑year‑old founder of Buchang Pharmaceuticals has been subject to a court‑ordered ban on high‑end consumption after his family‑owned hotel failed to repay a RMB 16 million loan. The enforcement action, though separate from the listed drugmaker, spotlights governance, related‑party risk and the company’s long reliance on marketing over R&D amid a sharply reduced market valuation.
China’s TCM Clean‑Up: Regulatory Clock Ticks on ‘Unknown’ Safety Claims
China’s National Medical Products Administration is enforcing a rule that will bar re‑registration of traditional patent medicines whose package inserts still state key safety items as “not yet clear.” The measure aims to eliminate low‑use and poorly documented approvals, compel firms to supply safety data, and accelerate consolidation in an industry long criticised for uneven evidence on safety and efficacy.