Sinopharm Group

Sinopharm Group Company Limited
国药控股股份有限公司

Type	State-owned enterprise (Red chip)
Industry	Pharmaceutical
Founded	2003
Headquarters	Shanghai, People's Republic of China
Area served	People's Republic of China
Key people	Chairman: Mr. She Lulin
Services	Foreign Trade
Parent	China National Pharmaceutical Group Corporation
Website	Sinopharm Group Company Limited

Sinopharm Group Company Limited (SEHK: 01099) is the largest pharmaceutical company in China, jointly owned by China National Pharmaceutical Group Corporation and Shanghai Fosun Pharmaceutical. Its revenue in 2007 reached 35 billion RMB.^[1][2]

Sinopharm Group researches and develops, manufactures, distributes, and markets medicine and other healthcare products. Sinopharm Group manages factories, research laboratories, traditional Chinese medicine plantations, and marketing and distribution networks that extend throughout China. It also has 10 subsidiaries and a number of major joint ventures. The company also runs about a dozen retail pharmacy chains. Sinopharm Group, which has operations in Africa, France, Germany, Hong Kong, the US, and Vietnam, was formed in 1998.

Its H shares were listed on the Hong Kong Stock Exchange in 2009, with its IPO price of HK$16 per share.

See also

• Pharmaceutical industry in China

References

1. ^ http://finance1.jrj.com.cn/news/2008-06-07/000003735074_001.html 国药再谋医药重组央企一哥
2. ^ China's Sinopharm gets OK for $1 bln HK IPO

External links

• Official Site (Chinese)
• Sinopharm Foreign Trade corporation