Top Picks For Chinese Medicine Brands By Oppenheimer

American Oriental Bioengineering, Inc. AOB is believed to have an important competitive advantage among Chinese drug manufacturers to wade through pricing uncertainties in healthcare reform, according to Oppenheimer. Stable drug CPIs help envision a positive outlook for OTC pharmaceuticals, and traditional Chinese medicines continue to lead top pharmacy product sales. Pricing has also remained favorable, as seen in July where traditional Chinese medicines were +11.8% y/y vs. western drugs reports of +0.8%, Oppenheimer reports. Top picks also include Tongjitang Chinese Medicines Company TCM and BMP Sunstone Corporation BJGP.