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Stock impact report

111, Inc., Scrianen Announce Strategic Direct Supply Partnership to Expand Nationwide Reach and Improve Drug Accessibility [Yahoo! Finance]

111, Inc. - American Depositary Shares (YI) 
Company Research Source: Yahoo! Finance
to reshaping the value chain of healthcare industry by digitally empowering the upstream and downstream in China , announced that the Company has entered into a strategic direct supply partnership (the "Partnership") with Beijing Scrianen Pharmaceutical Co., Ltd. ("Scrianen"), a comprehensive pharmaceutical enterprise that integrates research and development, production and marketing. The signing ceremony of the Partnership was attended by Dr. Gang Yu, co-founder and executive chairman of 111, Bin Yi, chairman of Scrianen, and senior management teams from both companies. This new agreement aims to enhance their existing collaboration, focusing on a range of products including "Scrianen Folic Acid Tablets" for nationwide distribution. Since 2017, 111 became a strategic partner in Scrianen's Authentic Alliance. This latest Partnership deepens their retail market cooperation by leveraging big data, digital marketing, and cloud services to help Scrianen's medications and pregnancy-rel Show less Read more
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