StockGuru Blog: Lotus Pharmaceuticals, Inc. — Over the Counter Remedies from Drug Stores In Demand
Lotus - OTCBB: LTUS - Stock Guru Profile Lotus Pharmaceuticals provides both traditional Chinese medicines and modern western medicines in their ten drugstores in Beijing. This makes excellent business sense for the Chinese consumer who seeks treatment from both branches of medicine and treatment choices are changing as China modernizes. When seeking care for everything from a stuffy nose to heart palpitations, most Chinese visit one of the nation’s 11,000 or so state-run hospitals. But China’s increasingly affluent and educated population has begun to shun state hospitals for common complaints such as allergies and sprains. In many cases, they are…