Updated on 4 June 2013
BioSpectrum Asia Top 20 Survey Rank 12 - Guangzhou Pharmaceutical, China
Clocking $1.3 billion revenue in 2012, Guangzhou Pharmaceutical recorded a growth of over 50 percent. A well-recognized name in China, Guangzhou Pharmaceutical Holdings is principally engaged in a combination of scientific research and production of pharmaceuticals and traditional Chinese medicines.
The company has invested heavily on technological innovation system, has launched post-doctoral research programmes and has its own R&D center for key pharmaceutical projects.
In 2012, Guangzhou Pharmaceutical proactively adapted to new medical reform policies of the state and was successful in gaining license of tradename "Baiyunshan" for its eight subsidiaries to leverage on market opportunities existing outside Guangdong province and expand its marketshare.
Guangzhou also made initiatives to accelerate the development of China's health industry by increasing its production capacity through newly formed strategic cooperation with raw material providers and packaging material suppliers such as Uni-President and Yinlu. In 2012, the company smoothly carried out progress of clinical research of the therapeutic dual, plasmid HBV DNA vaccine.