Pharmaceutical companies in China mainly produce medical and pharmaceutical chemicals in various formats including but not limited to ampoules, tablets, capsules, vials, ointments, and powders.
These products are then sold through pharmacies or used in hospitals. Biological and veterinary products are not included in the industry.
The growth of the Chinese pharmaceutical industry has been phenomenal over the past decade. In the 1990s, total sales in this industry grew 30%, reaching $ 10.6 billion in 1996.
Overview of the pharmaceutical companies in China
The pharmaceutical industry was one of the first sectors to open to foreign investors in China. Foreign direct investment has flowed into the pharmaceutical industry since 1980 when the first Sino-foreign pharmaceutical joint venture was established.
The rapidly growing Chinese pharmaceutical market means that more and more foreign companies are strengthening their presence in China, in particular through the establishment of joint ventures.
Obstacles Faced By Pharmaceutical Companies in China
It has been suggested that close partnerships between universities, institutions, and companies are central to RandD’s new pharmaceutical business model in China.
However, maintaining effective collaboration between science and the pharmaceutical industry has always been a challenge. Researchers at China’s universities and research institutes are intensively researching that generally does not take into account the general development of the pharmaceutical industry.
As a result, the research may not be able to fully address and respond to changing challenges and requirements of the industry
In addition, paper production, ie scientific publications, and patents produced in the environment is heavily criticized by international society, as the more recent literature clearly shows great incentives for personal honors and has successfully encouraged them to publish a variety of publications and file many patent applications.
However, the citation rate of scientific articles remains low and the useful life of patents is short. Despite the rapid increase in the number of patents granted over the past decade, the proportion of licensed patents has gradually decreased.
The difficulty of patent licensing by universities can create a significant gap between academic research and innovative products.
Critics are beginning to review the advantages and possible disadvantages of SCI-oriented research evaluation criteria.
Top Pharmaceutical Companies in China
Here’s a comprehensive list of some of the pharmaceutical companies in China:
- BAYER HEALTHCARE COMPANY LTD.
Director: Andreas Hoch
Address: No.7, Rongjing E. Street, Beijing Economic Technology Development Zone Beijing, Beijing, 100176 China
Phone: +86-1059218282
Website: visit here
Year Started: 1995 Incorporated: 1995
- Beijing Pharmaceutical Group Co., Ltd.
Director: Yuewei Han
Address: 101,601,701,801, Building 7, No.2, North 3rd Ring Road Middle, Chaoyang District Beijing, Beijing, 100000 China
Phone: +86-1057985000
Year Started: 1987 Incorporated: 1987
- Beijing Tongrentang Co., Ltd
Director: Zhenkun Gao
Address: No.42, Outside of Chongwenmen Ave., Dongcheng Dist. Beijing, Beijing, 100062 China
Phone: +86-1067179817
Website: click here
Year Started: 1997 Incorporated: 1997
- Changchun High-Tech Industries (Group) Inc.
Director: Ji Ma
Address: Room 501, Floor 5, No.2400, Tongzhi Street, Chaoyang District Changchun, Jilin, 130021 China
Phone: +86-43185666367
Revenue: $1.30 billion
Year Started: 1993 Incorporated: 1993
- Chengzhi Co., Ltd.
Director: Dawei Long
Address: No.299, Yuping E. Street, Economic Technology Development Zone, Qingshanhu District Nanchang, Jiangxi, 330000 China
Phone: +86-79183826898
Website: visit here
Revenue: $1.48 billion
Year Started: 1998 Incorporated: 1998
- China Baoan Group Co.,Ltd.
Director: Zhengli Chen
Address: Floor 28-29, Suite A, Baoan Square, No.1002, Sungang E. Road, Luohu District Shenzhen, Guangdong, 518020 China
Phone: +86-75525170336
Website: visit here
Revenue: $1.62 billion
Year Started: 1990 Incorporated: 1990
- China Resources Double-Crane Pharmaceutical Co., Ltd.
Director: Shunting Yu
Address: No.1, Wangjing LizeE. 2nd Road, Chaoyang District Beijing, Beijing, 100000 China
Phone: +86-1064742227
Revenue: $1.29 billion
Year Started: 1997 Incorporated: 1997
- China Resources Sanjiu Medical & Pharmaceutical Co., Ltd.
Director: Huawei Qiu
Address: No.1, Guanqing Road, Guanlan Gaoxin Zone, Guanhu Sub-District, Longhua District Shenzhen, Guangdong, 518000 China
Phone: +86-75583360999
Revenue: $2.07 billion
Year Started: 1999 Incorporated: 1999
- Chongqing Taiji Industry(Group) Co.,Ltd
Director: Yangchun Li
Address: No.1, Taiji Avenue, Fuling District Chongqing, Chongqing, 400000 China
Phone: +86-2389886129
Website: visit here
Revenue: $1.70 billion
Year Started: 1979 Incorporated: 1979
- Furen Medicines Group Co., Ltd.
Director: Wenchen Zhu
Address: No. 1 Tongyuan Road, Industrial Cluster District, Luyi County Zhoukou, Henan, 477200 China
Phone: +86-3947596189
Website: visit here
Year Started: 1997 Incorporated: 1997
- Harbin Pharmaceutical Group Holding Co., Ltd. Director: Yichen Zhang
Address: No.7, Qunli Boulevard, Daoli District Haerbin, Heilongjiang, 150018 China
Phone: +86-45151961111
Website: click here
Year Started: 1989 Incorporated: 1989
- Gansu Medicine Group Corp.
Director: Xinmin Xiao
Address: No.192, Qin’an Road Lanzhou, Gansu, 730030 China
Phone: +86-9318887156
Year Started: 1992 Incorporated: 1992
- Guanfu Holdings Co., Ltd.
Director: Xiaoqin Yao
Address: Tuban Village, Xunzhong Town, Dehua County Quanzhou, Fujian, 362500 China
Phone: +86-59523517555
Website: visit here
Revenue: $1.95 billion
Year Started: 2002 Incorporated: 2002
- Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited
Director: Chu Yuan Li
Address: No. 88 Yunxiang Road, Tonghe Street, Baiyun District Guangzhou, Guangdong, 510000 China
Phone: +86-2087095382
Website: click here
Revenue: $9.37 billion
Year Started: 1997 Incorporated: 1997
- Guangzhou Pharmaceutical Holdings Limited.
Director: Chu Yuan Li
Address: Floor No.5, No.45, Shamian N. Street, Liwan District Guangzhou, Guangdong, 510000 China
Phone: +86-2066281011
Year Started: 1996 Incorporated: 1996
- Harbin Pharmaceutical Group Co., Ltd.
Director: Zhenping Zhang
Address: No.7, Qunli Boulevard, Daoli District Haerbin, Heilongjiang, 150070 China
Phone: +86-45151870077
Website: visit here
Revenue: $1.64 billion
Year Started: 1991 Incorporated: 1991
- Huadong Medicone Co., Ltd.
Director: Liang Lv
Address: 7th, 9th, 10th Floor, Gate 1, Building 1, No. 468, Yan’an Road Hangzhou, Zhejiang, 310000 China
Phone: +86-57185178578
Revenue: $5.12 billion
Year Started: 1993 Incorporated: 1993
- Huapont Life Sciences Co., Ltd.
Director: Songshan Zhang
Address: No.69, Renhe Xingguang Avenue, Yubei District Chongqing, Chongqing, 400000 China
Phone: +86-2367886928
Website: click here
Revenue: $1.65 billion
Year Started: 1992 Incorporated: 1992
- Jiangsu Hengrui Pharmaceuticals Co., Ltd.
Director: Yunshu Zhou
Address: No.38, Huanghe Road, Economic Technology Development Zone Lianyungang, Jiangsu, 222000 China
Phone: +86-51885469805
Website: visit here
Revenue: $4.21 billion
Year Started: 1997 Incorporated: 1997
- Joincare Pharmaceutical Group Industry Co., Ltd
Director: Baoguo Zhu
Address: Jiankang Yuan Yaoye Group Building, No.17, Langshan Road, Bei District, High-Tech Zone, Nanshan District Shenzhen, Guangdong, 518057 China
Phone: +86-75582463888
Website: visit
Revenue: $2.05 billion
Year Started: 1992 Incorporated: 1992
- KPC Pharmaceuticals, Inc.
Director: Xianggang Zhong
Address: No. 166, Keyi Road, High-tech Industrial Development Zone Kunming, Yunnan, 50106 China
Phone: +86-87168324311
Website: click here
Revenue: $1.17 billion
Year Started: 1995 Incorporated: 1995
- Livzon Pharmaceutical Group Inc.
Director: Baoguo Zhu
Address: General Headquarters Building, No.38, Chuangye N. Road, Jinwan District Zhuhai, Guangdong, 519000 China
Phone: +86-7568135888
Website: Click Here
Revenue: $1.60 billion
Year Started: 1985 Incorporated: 1985
- North China Pharmaceutical Company Ltd.
Director: Guozhan Yang
Address: No.388, Heping E. Road Shijiazhuang, Hebei, 050000 China
Revenue: $1.75 billion
Year Started: 1992 Incorporated: 1992
- Northeast Pharmaceutical Group Co., Ltd.
Director: Qiyong Guo
Address: No.8, Kunminghu Street, Economic Technology Development Zone, Tiexi District Shenyang, Liaoning, 110027 China
Phone: +86-2425806219
Website: click here
Revenue: $1.12 billion
Year Started: 1993 Incorporated: 1993
- Novo Nordisk (China) Pharmaceuticals Co., Ltd.
Director: Maziar Doustdar
Address: Nanhai Road, Economic and Technological Development Zone Tianjin, Tianjin, 300457 China
Website: click here
Year Started: 1994 Incorporated: 1994
- Sanofi (Hangzhou) Pharmaceuticals Co., Ltd.
Director: Jin Gu
Address: No. 325, Jiangling Road, Binjiang District Hangzhou, Zhejiang, 310051 China
Phone: +86-57188075830
Year Started: 1995 Incorporated: 1995
- Sichuan Kelun Pharmaceutical Co., Ltd.
Director: Gexin Liu
Address: Naner Road, Xindu Weixingcheng Industry Development Area Chengdu, Sichuan, 610000 China
Website: click here
Revenue: $2.50 billion
Year Started: 2002 Incorporated: 2002
- Shandong Buchang Pharmaceuticals Co., Ltd
Director: Tao Zhao
Address: No.369, Zhonghua West Rd., Mudan District Heze, Shandong, 274000 China
Phone: +86-5305299167
Website: Click Here
Revenue: $2.43 billion
Year Started: 2001
- Shandong Commercial Group Co., Ltd.
Director: Renquan Wang
Address: Building 2, Lushang Guoao City, No.9777, Jingshi Road, Lixia District Jinan, Shandong, 250001 China
Phone: +86-53166690123
Website: click here
Year Started: 1992 Incorporated: 1992
- Shanghai Fosun Pharmaceutical (Group) Co., Ltd.
Director: Qi Yu Chen
Address: Building A, Fosun Technology Park, No. 1289 Yishan Road Shanghai, Shanghai, 200233 China
Phone: +86-2133987870
Revenue: $4.60 billion
Year Started: 1995 Incorporated: 1995
- Shanghai Shyndec Pharmaceutical Co., Ltd.
Director: Bin Zhou
Address: No. 378 Jianlu Road, Pudong New Area, Shanghai, Shanghai, 200000 China
Phone: +86-2162510990
Website: click here
Revenue: $1.91 billion
Year Started: 1996 Incorporated: 1996
- Shenzhen Neptunus Bioengineering Co., Ltd
Director: Si Min Zhang
Address: Floor 24, Haiwang Yinhe Technology Building, No.1, KejiM. 3rd Road, Nanshan District District Shenzhen, Guangdong, 518000 China
Phone: +86-75526980336
Website: click here
Revenue: $6.08 billion
Year Started: 1992 Incorporated: 1992
- Shijiazhuang Yiling Pharmaceutical Co., Ltd
Director: Xiangjun Wu
Address: No.238, Tianshan Street, High-Tech Industrial Development Zone, Yuhua District Shijiazhuang, Hebei, 050035 China
Phone: +86-31185901311
Website: click here
Revenue: $1.33 billion
Year Started: 2001 Incorporated: 2001
- Taslyholdinggroupco.,Ltd
Director: Kaijing Yan
Address: Beichen Science and Technology Park Tianjin, Tianjin, 300000 China
Phone: +86-2226736980
Year Started: 2000 Incorporated: 2000
- Tianjin Pharmacy Holdings Co., Ltd.
Director: Min Guo
Address: No.29, Youyi N. Road, Hexi District Tianjin, Tianjin, 300000 China
Phone: +86-2223268857
Website: visit here
Year Started: 1996 Incorporated: 1996
- Well-Bridge Biological Technology Co., Ltd.
Director: Tao Wang
Address: Floor 3, Building 7, Medical Devices Industries Park, Jiangsu Province, No.8, Jinfeng Road, Sci.& Tech. City, Hi-and-New Tech Park Suzhou, Jiangsu, 215011 China
Phone: +86-51268098862
Website: click here
Year Started: 2001 Incorporated: 2001
- Xian Janssen Pharmaceutical Ltd.
Director: Asgar David Rangoonwala
Address: No. 19, Caotang 4th Road, Caotang Technology Industry Base, High-tech Zone Xian, Shaanxi, 710000 China
Phone: +86-2982576688
Website: visit here
Year Started: 1985 Incorporated: 1985
- Yanan Bicon Pharmaceutical Listed Company
Director: Xiaojia Gu
Address: Floor 39, Yongli International Finance Center, No.6, Jinye 1st Road, Yanta District Xian, Shaanxi, 710065 China
Phone: +86-2981149561
Revenue: $1.06 billion
Year Started: 2002 Incorporated: 2002
- Yunnan Baiyao Group Co.,Ltd
Director: Minghui Wang
Address: No.3686, Yunnanbaiyao Street, Chenggong Dist. Kunming, Yunnan, 650000 China
Phone: +86-87166225455
Revenue: $4.97 billion
Year Started: 1993 Incorporated: 1993
- Zhejiang Nhu Company Ltd.
Director: JUN JI
Address: No. 418, West Road of Xinchang Avenue, Qixing St., Xinchang County Shaoxing, Zhejiang, 312500 China
Phone: +86-57586127777
Revenue: $1.57 billion
Year Started: 1999 Incorporated: 1999
Industrial Products and Services of the Chinese pharmaceutical industry
- Over-the-Counter Drugs
- Patented Prescription Drugs
- Anti-Infectives
- Anti-Tumor Drugs
- Nervous System Drugs
- Cardiovascular Drugs
- Digestive Drugs
- Other Prescription & Generic Drugs
Industrial Activities of the Chinese pharmaceutical companies
- Manufacture of Anti-infectives
- Manufacture of anti-tumor drugs
- Manufacture of drugs for the central nervous system
- Manufacture of antipyretic and pain reliever drugs
- Manufacture of drugs for the cardiovascular system
- Manufacture of drugs for the digestive system
- Manufacture of drugs for the respiratory system
- Manufacture of hypoglycemic drugs Medicines
- Manufacture of contraceptives
The growing pharmaceutical market in China
The pharmaceutical market in China will continue to grow for several reasons. The trend towards “globalization” in the health sector, accompanied by a greater need for better drugs in developing countries, is clear. In addition, robust growth is expected for the pharmaceutical market in China
With nearly 20% of the world’s population living, the elderly (65+) population in China is projected to be 9.7% in 2016. Along with economic growth and increased awareness of the health care system, the demand for health services, including pharmaceuticals, can be expected to increase.
In addition, the Chinese government is ready to invest US $ 136 billion in expanding the national health system and improving basic health insurance (BMI).
The spectacular growth in healthcare demand and spending in China offers tremendous market opportunities shortly.
For example, the prevalence of diabetes in China rose from 0.9% in 1980 to 11.6% in 2010, and China has the largest number of diabetics in the world at over 96 million.
Currently, treatments for diabetics in China cost approximately $ 2.7 billion annually, and the cost will continue to rise. Consequently, all of these trends are favorable to significantly promote the development of innovations.
Conclusion
The pharmaceutical industry is one of the leading industries in the People’s Republic of China and includes chemicals and synthetic medicines, Chinese finished drugs, medical devices, apparatus and instruments, sanitary materials, packaging materials, and pharmaceutical machinery.
In 2017, China had the second-largest pharmaceutical market in the world with a volume of 110 billion US dollars.
China accounts for 20% of the world’s population, but only a small fraction of the global drug market.
The changing health environment in China is expected to expand basic health insurance to a larger segment of the population and provide people with better access to products and services. The pharmaceutical industry is expected to continue its expansion.
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Chibueze Uchegbu is a certified medical physiologist with a great passion for healthy living.
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