Benzinga | Jan 4, 2022 08:23AM EST

Universe Pharmaceuticals INC Announces Strategic Alliance With Jiangxi Province Institute Of Materia Medica To Conduct Research On Traditional Chinese Medicine

Ji'an, Jiangxi, China, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Universe Pharmaceuticals INC (the "Company") (NASDAQ:UPC), a pharmaceutical producer and distributor in China, today announced that the Company had entered into two strategic cooperation agreements (the "Agreements") with Jiangxi Province Institute of Materia Medica ("Jiangxi IMM"), an inspection and testing institution fully funded by the Jiangxi Province Medical Products Administration, which promotes the development of the pharmaceutical industry by conducting research on medical devices and Chinese and Western medicines.