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Coronavirus Drives TCM Sales In China, Clouds Global Consumer Health Outlook

 
• By Malcolm Spicer

Consumer health product firms say the coronavirus will have an impact on their results, but it’s too early to estimate the costs. US FDA also hedges its predictions, saying the outbreak could lead to interruptions in country’s drug and medical device supplies. China's health commission has issued six guidelines for diagnosis and treatment, but no conventional antiviral treatment is approved and it's emphasizing traditional Chinese medicines.

CORONAVIRUS CASES CONTINUE RISING IN BEIING, CHINA ON JAN 31,2020

A Chinese nutritional products firm says sales there have doubled due to the coronavirus outbreak, and an Iowa firm promotes its beta glucan ingredient as “support for healthy immune systems” because “health concerns are dominating global headlines.”

Meanwhile, consumer health product firms in the US and Europe are saying the coronavirus – first detected in the Wuhan region of China in December before becoming a national epidemic in January and since reported in people from numerous countries after leaving

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