A view of a tumor hospital of Tianjin-based healthcare company Quanjian Group in Tianjin, Dec 26, 2018.(Photo: IC)

A joint team has been set up by the local authorities of Tianjin to launch an investigation into Quanjian Natural Medicine Science & Technology Development Co, a healthcare company in Tianjin that has been accused of making huge profits by misleading consumers about the efficacy of its products.

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The State Administration for Market Regulation is looking into Quanjian Natural Medicine Science & Technology Development Co, a healthcare company in Tianjin accused of making huge profits by misleading consumers about the efficacy of its products.

The administration said on Thursday that it will take further steps once the facts are clear, the Beijing News reported.