Scrip is part of Pharma Intelligence UK Limited

This site is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.

Menu

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
My View
Tags:

Shanghai Pharmaceutical To Focus Fully On Drug Distribution

This article was originally published in PharmAsia News

Executive Summary

Shanghai Pharmaceutical Co., Ltd. has announced that it will withdraw from drug R&D and concentrate its resources on drug distribution, a business it has been leading domestically for nine years. The company will transfer its 19.66 percent stake in Shanghai Fudan-Zhangjiang Bio-Pharmaceutical and inject 6.5 million yuan to its holding company Shanghai Waigaoqiao Pharmaceutical Business And Distribution Center. However, Shanghai Pharmaceutical will not give up its original equipment manufacturing business, which gives a return on investment of 27.5 percent. It will renovate Tianping Pharmaceutical Factory's machining workshop to carry out OEM for U.S. Perrigo. (Click here for more - Chinese Language)

Table

View full table

Tags:
Latest Headlines

Gilead Doesn’t See Big M&A In Near-Term, But Eyes Next-Gen Cell Therapies

BMS Will Cut $1.5bn And 2,200 Jobs To Reinvest In Needed Growth

AbbVie Claims Rinvoq Superiority To Dupixent In AD

Merck Investors Keeping A Close Watch On Winrevair Uptake

See All
UsernamePublicRestriction

Register

SC068192

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Thank you for submitting your question. We will respond to you within 2 business days. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By