What is Panax Notoginseng (Pseudoginseng) Panax notoginseng, also known as pseudoginseng, is a plant that belongs to the Panax genus, along with Panax ginseng. It is a member of the Araliaceae family and grows in China and Japan. The roots of the Panax notoginseng plant have been used in Chinese medicine for centuries to stop bleeding and improve blood flow. Panax …