China Kangtai Cactus Biotech to sell cactus-based health products in China

China Kangtai Cactus Biotech said it has signed a three-year marketing and sales agreement with Yongkangmen Health and Drug Chain Store Group to sell its nutritious and patented cactus-based products such as nutraceuticals, health food, and health and energy drinks.

Headquartered in Beijing City, Yongkangmen Health and Drug Chain Store has ownership in more than 3,000 drugstores throughout China.

Under the agreement, the Yongkangmen drugstores nationwide will promote, market and sell China Kangtai’s cactus-derived products for the next three years.

“Traditional Chinese beliefs view herbal-based medicine and dietary supplements as an alternative to healthcare,” said China Kangtai CEO Jinjiang Wang said.

“The demand for our cactus health products has been expanding every year. By leveraging Yongkangmen’s prominence in the health product retail industry, we can expand our market share into new territories.”