Other researchers at Mount Sinai have found Chinese herbal medicines successful in mice and are conducting trials on people with food allergies, she said.

CNN: 'Exciting' advance reported in peanut allergy therapy

In the 1990s several big pharmaceutical firms, including Bayer AG of Germany, Eli Lilly and Pfizer, formed alliances with Chinese research institutes or companies that specialized in traditional Chinese medicines, aiming to apply modern drug-hunting techniques to screen Chinese herbal medicines for potential Western blockbusters.

FORBES: Magazine Article

In the 1990s several big pharmaceutical firms, including Bayer (nyse: BAY - news - people ) AG of Germany, Eli Lilly and Pfizer, formed alliances with Chinese research institutes or companies that specialized in traditional Chinese medicines, aiming to apply modern drug-hunting techniques to screen Chinese herbal medicines for potential Western blockbusters.

FORBES: Ancient Secrets