ChemoPower has commenced work on the development of Singapore Standards for various traditional Chinese medicine (TCM) products with the support from government agencies of Singapore. This is the first step towards establishing a TCM trading hub and Futures trading platform. ChemoPower is fortunate to have strategic collaborations and partnerships with various industrial players to kick-start this initiative.
Now, the perception of quality for TCM products is often influenced by market forces rather than the intrinsic quality of the products themselves. ChemoPower’s novel technology brings forth chemical-based grading systems so that consumers can make well-informed choices when purchasing TCM products. The grading systems deliver benefits that extend beyond consumers. Manufacturers and suppliers of TCM products can reach out to a wider audience as the grading systems simplify the science behind TCM products.