Benefits of HealthVit LICOVIT Licorice powder 250 mg : Healing sore throats. Mild anti inflammatory. For Chronic cough. Reduces gastric acid secretion Ulcers and non ulcer dyspepsia (indigestion). Heal upper respiratory tract infections and lung diseases. Licorice has a long and varied record of uses. Licorice has been used traditionally as anti-inflammatory agent, gastric ulcers and inflammation of the skin. It is also used in acute and chronic bronchitis, asthama. Licorice is analgesic in arthritis