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Thorne Research and YouCare Pharmaceutical Group Announce Joint Venture Deal to Market Nutritional Supplements in China
Date:4/30/2013

SANDPOINT, Idaho, April 30, 2013 /PRNewswire/ -- Thorne Research, Inc., a leader in developing and manufacturing pure, high-quality nutritional supplements and personal care products, today announced that the company has entered a joint venture with YouCare Pharmaceutical Group Co. Ltd., a leading Chinese pharmaceutical company located in  Beijing.  Through this new joint venture, nutritional supplements and other natural health and personal care products manufactured by Thorne Research will be marketed and distributed throughout mainland China through YouCare's established sales and distribution networks.

"This strategic joint venture will allow Thorne to rapidly accelerate our global reach in one of the world's largest and fastest growing markets for nutritional supplements.  By combining the state-of-the-art research, development and manufacturing capabilities of Thorne Research with the extensive marketing resources and expertise of YouCare Pharmaceuticals, we are well positioned to become a leading lifestyle medicine company delivering high-quality, clinically proven nutraceutical products to markets throughout China in the years ahead," said Paul Jacobson , CEO of Thorne Research. 

In 2012, the market for nutraceuticals including traditional medicines in China was $90 billion USD, with an annual growth rate of 22%. It is expected that the market will be $140 billion USD within five years, which would make China the largest market for nutraceutical products in the world.  Through this strategic collaboration, Thorne will be able to access the Chinese market through YouCare's multiple sales and distribution channels. Under the joint venture agreement, Thorne will be responsible for manufacturing products in the United States and su
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SOURCE Thorne Research, Inc.
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