Shares in Chinese pharma firm tank as Covid-19 medicine Lianhua Qingwen questioned

  • 📰 TODAYonline
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 99%

Health Health Headlines News

Health Health Latest News,Health Health Headlines

SHANGHAI — Shares in one of China's largest traditional medicine producers plunged on Monday (April 18) after reports questioned the efficacy of pills approved by the government as a coronavirus treatment.

herbal remedy

Monday's share dump sent them falling to 32.39 yuan with the stocks hitting the daily limit of 10 per cent on the Shenzhen exchange. The US Food and Drug Administration has said it has not approved Lianhua Qingwen, and that coronavirus-related claims about it were"not supported by competent and reliable scientific evidence".

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in HEALTH

Health Health Latest News, Health Health Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shares in Chinese pharma firm tank as COVID-19 medicine Lianhua Qingwen questionedShares in one of China\u0027s largest traditional medicine producers plunged on Monday (Apr 18) after reports questioned the efficacy of pills approved by the government as a coronavirus treatment. Shanghai au TripperheadToo linjack88 ...you dont say...nooo...really? Lol anyone who believes Chinese medicine can cure anything should talk to DrJasonLeong This makes China looks bad… very bad.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Shares in Chinese pharma firm tank as COVID-19 medicine Lianhua Qingwen questionedShares in one of China\u0027s largest traditional medicine producers plunged on Monday (Apr 18) after reports questioned the efficacy of pills approved by the government as a coronavirus treatment. Shanghai au TripperheadToo linjack88 ...you dont say...nooo...really? Lol anyone who believes Chinese medicine can cure anything should talk to DrJasonLeong This makes China looks bad… very bad.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »