Shenzhen Neptunus rides on reformed business model

Updated on 27 June 2012

The company's revenue increased from $590.71 million in 2010 to $848.8 million in 2011, registering a growth of over 43 percent

shenzhen-neptunus-bioengineering-graph

The company's revenue registered a growth of over 43 percent in 2011

Zhang Simin of Shenzhen NeptunusShenzhen Neptunus Bioengineering, engaged in manufacturing and distribution of pharmaceuticals in China, is currently producing around 400 types of products. These include chemical pharmaceuticals, biological pharmaceuticals, traditional Chinese medicines, and healthcare products primarily related to breathing, endocrine and metabolism, anti-tumor and tumor adjuvant, anti-infective, cardiovascular and cerebrovascular, digestive system, and urinary system.

In the year 2011, the company reformed its business model that led to the growth of the company's sales revenue. The revenue increased from $590.71 million in 2010 to $848.8 million in 2011, registering a growth of over 43 percent. To enhance its market in the coming year, Shenzhen Neptunus Bioengineering is looking for market-oriented strategies that meets customer demand, penetrates into new market and optimizes the needs of existing customers.

It is looking forward to explore new sales' model to expand the sales volume. In order to ensure business objectives in pharmaceutical manufacturing, Shenzhen Neptunus transformed its technological assets to increase production capacity and enhance the level of the production system.

Considering the dynamic environment in China's pharmaceutical industry, Shenzhen Neptunus is looking at mergers and acquisition opportunities in the years to come. Accelerating its product development and technological innovation, the company achieved an approval for production of a new drug.

Shenzhen Neptunus is now focused on the improvement of the capability of innovation and to create competitive advantage in the medical industry. The group has three listed companies, each located in Shenzhen, Hong Kong and the US.

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