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BizVibe Announces Their List of the Top 10 Pharmaceutical Companies in China

BizVibe
Posted on: 26 Jul 17

The pharmaceutical industry in China is now worth over $110 billion; ranked as the world’s second largest pharmaceutical market after the US, this figure is forecasted to grow dramatically to $167 billion by 2020. To evolve along with the country’s booming pharmaceutical industry, several leading pharmaceutical companies in China have also experienced immense revenue and overall market value growth over the recent years.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170725006354/en/

BizVibe Announces Their List of the Top 10 Pharmaceutical Companies in China (Graphic: Business Wire)

Connect with the world’s top pharmaceutical companies here

BizVibe is home to more than 333,000 Pharmaceutical Companiesaround the world. In a recent article titled Top 10 Pharmaceutical Companies in China, BizVibe discusses the top 10 leading pharmaceutical companies in China. Here are some of the top ones:

1. Shanghai Pharmaceuticals

Shanghai Pharmaceuticals Holding Co., Ltd is one of the largest national pharmaceutical group in China. Their business covers pharmaceutical R&D, manufacturing, distribution and retailing. In 2015, the Company had reportedly the business revenues of RMB 105.5 billion. It also owns over 1,700 drugstores in total. The Company distributes its products in domestic and overseas markets, with East China as its major market.

2. Sinopharm Group

China National Pharmaceutical Group Corporation, also known as Sinopharm Group, is one of the largest and State-owned medical and healthcare groups in China. Its core businesses include distribution, retail, scientific research and manufacture of healthcare related products. The Group owns 11 wholly-owned or holding subsidiaries and 6 other listed companies in China’s pharmaceutical industry.

3. Jiangsu Hengrui Medicine

Jiangsu Hengrui Medicine Co., Ltd., established in 1970 and headquartered in Lianyungang, Jiangsu Province, is not only one of the leaders in China’s innovative medicine industry, but also a well-known R&D centre of antineoplastic and surgical medicines in China. Hengrui Medicine is the first Chinese pharmaceutical enterprise that sells domestic injectable products overseas to Europe, US, and Japan.

4. Shanghai Fosun Pharmaceutical

Shanghai Fosun Pharmaceutical (Group) Co., Ltd . is one of the largest pharmaceutical companies in China. Through its subsidiaries, the Company manufactures genetic medicines, Chinese traditional medicines, diagnostic products, and medical instruments, provides technology, marketing, and advertising services, as well as invests in import and export trading. As of 31 December 2016, the Group’s consolidated assets totaled RMB 486.78 billion

5. Huadong Medicine

Huadong Medicine Co., Ltd. operates its pharmaceutical business mainly in medicine manufacturing and trading. It has a wide range of medical products including immunosuppressive preparations, diabetes drugs, and drugs for digestive system diseases. The company also produce medical equipment for domestic and overseas markets.

Read the entire list of Top 10 Pharmaceutical Companies in China on BizVibe

BizVibe is home to over seven million companies across 700+ industries. Using BizVibe’s platform, users can generate leads, shortlist prospects, network with businesses from around the world, and trade seamlessly. The BizVibe platform allows you to discover the highest quality leads and make meaningful connections with companies of interest, all in real-time. Claim your company profile for freeand let BizVibe connect you with potential business partners. To make things as simple as possible, use the BizVibe Chatbot to create new business opportunities.

About BizVibe

The single-minded focus of BizVibe’s platform is to make networking easier. Over the years, we've searched far and wide to figure out how businesses connect and enable trade. That first interaction is usually fraught with the uncertainty of finding a potential partner vs. a potential nightmare. With this in mind, we've designed a robust set of tools to help companies generate leads, shortlist prospects, network with businesses from around the world and trade seamlessly.

BizVibe is headquartered in Toronto, and has offices in London, Bangalore and Beijing. For more information on the BizVibe network, please contact us.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170725006354/en/

Business Wire
www.businesswire.com

Last updated on: 26/07/2017

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