US EditionChinese drug firms backed by global banks found using leopards and pangolins parts, group says
- Three Chinese drugmakers, including Beijing Tong Ren Tang group, Tianjin Pharmaceutical group, and Jilin Aodong Pharmaceutical Group, have used parts of endangered animals in their products, prompting the London-based Environmental Investigation Agency to call on global investors to divest their stakes.
- Environmental non-profit organization revealed that 72 firms, including the three drugmakers, have used body parts of threatened leopards and pangolins in traditional Chinese medicine products, which often promote the efficacy of such ingredients. Some investors, like Wells Fargo & Co, have already sold their shares in these companies.
- The environmental group has also urged the Chinese government to ban the use of parts of endangered animals in commercial purposes within domestic markets.
19 Articles
19 Articles
Top Chinese pharmaceutical companies use parts of endangered animals as ingredients: Report
An investigation by an environmental protection group revealed that top Chinese pharmaceutical companies, which are publicly traded, use endangered animal parts in their medicines. The probe has named three big companies among others: Beijing Tong Ren Tang Group, Tianjin Pharmaceutical Group and Jilin Aodong Pharmaceutical Group. They are also backed by top global banks, such as UBS and HSBC. The Environmental Investigation Agency UK (EIA) re
Chinese drug firms backed by global banks found using leopards and pangolins parts, group says
By Michelle Toh, CNN Hong Kong (CNN) — Three top Chinese pharmaceutical companies, which are backed by top global banks, are using endangered animal parts in their medicines, according to an investigation by an environmental protection group. In a Monday report, the Environmental Investigation Agency UK (EIA) said it had found 72 companies licensed by China’s drug regulator to be using body parts of leopards and pangolins, two species that face …
Report claims three listed Chinese firms used endangered animal parts as ingredients
Three publicly traded Chinese drugmakers which count global banks such as UBS and HSBC as investors have used parts of endangered animals as ingredients in their products, an environmental group said.
Three Listed Chinese Firms Used Endangered Animal Parts as Ingredients, Report Says
SHANGHAI/HONG KONG, Oct 23 (Reuters) – Three publicly traded Chinese drugmakers which count global banks such as UBS and HSBC as investors have used parts of endangered animals as ingredients in their products, an environmental group said.
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