The pharmaceutical industry is one of the leading industries available in the People’s Republic of China; although very few of the drugs have achieved great business there. One of the largest business achieving drugs in China is the synthetic drug manufactured there, and it makes a total of 65% of all the industry sales in China.
Other than the 65% business of synthetic drugs, 2% of the sale reach in the pharmaceutical industry is comprised of various traditional Chinese medicines. The rest of the sales are in the pharma industry that is driven by all the biotech-related medical products and equipment manufactured in China.
Now like any other familiar and well-established country, there’s a list of pharmaceutical companies in China too that hold a good place and have products that drive most sales in terms of treating competitive and various medical issues. As China has vastly boomed to be the second top pharmaceutical market worldwide, there are a few Chinese pharmaceutical companies thee making it happen.
Some of the top Chinese Pharmaceutical companies are;
This group is known to be the largest part of the China National Pharmaceutical Group and was officially established in the year 2003. This company works in the research, development, manufacturing, distribution, and marketing of medicines and various other healthcare products. The Sinpharm Group is also considered the largest wholesaler and retailer of the pharmaceutical market present in China. Back in 2009, it was also listed on the Hong Kong Stock Exchange (HKEx).
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The 994 founded Shanghai Pharmaceuticals company, is headquartered in Shanghai and led by CEO Da Wei Liu. This company was manufactured as an investment holding company that works forth researching, developing, manufacturing, and retail distributing healthcare and pharmaceutical products in China. The main focus of this company is in various therapeutic areas which include digestion, immune system, anti-infection, cardiovascular, nervous system, oncology, metabolism, and musculoskeletal system. This company produces a total of almost 800 different drugs and overseas distribution, storage, logistics, including some other supply chain solutions.
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Established in 1970, this medical company has now become the largest research and manufacturing company of antineoplastic and surgical medicines in China. The company works in manufacturing and distributing pharmaceutical tablets, injections and also raw materials. Along with this it also manufactures antineoplastic drugs for treatments of cancer, angiomyocardiac drugs, contrast agents, and antibiotics. Since the development of this company, it has grown at a point that it includes more than 8,000 employees under its working.
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This company was founded back in 1992 and has been listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange. This company works in developing, manufacturing and marketing a wide variety of pharmaceutical products including traditional Chinese medicines, western medicines, chemical raw material medicines, medicines for external use, healthcare medicines and other similarly related healthcare products.
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These companies don't only possess and produce effective medical equipment and healthcare products but also have claimed a position in the top Chinese pharmaceutical companies from a number of others.