- Business
- Guobang Pharma Ltd. (605507.SS) engages in the research, development, production and sale of active pharmaceutical ingredients (APIs), key intermediates and formulations for human pharmaceuticals and veterinary products. The company manufactures macrolides including azithromycin, clarithromycin and roxithromycin; quinolones such as ciprofloxacin hydrochloride, ciprofloxacin lactate, ciprofloxacin mesylate, moxifloxacin and enrofloxacin; special APIs like azelnidipine, budesonide, mitiglinide, doxifluridine, solifenacin and vildagliptin; veterinary APIs including marbofloxacin and diclazuril; cephalosporins; characteristic APIs; kinetochore preparations; feed additives; and key intermediates such as dihydrohomoerythromycin, erythromycin oxime and cyclopropanecarboxylic acid. Founded in 1996 and headquartered at No. 60 Xingmei Avenue, Meizhu Town, Xinchang County, Shaoxing, China, Guobang Pharma operates a global sales network serving approximately 110 to 112 countries and regions with significant market share exceeding 35% in key products for both Chinese and international markets; it employs around 4,000 people and maintains facilities including a national postdoctoral workstation, provincial research institute and enterprise technology center with certifications from FDA, EU GMP, PMDA, ANVISA and MFDS. Recent developments include authorization of a CNY 200 million share buyback plan in March 2025 with ongoing repurchases totaling over 5 million shares by late 2025; an agreement in August 2025 for Zhejiang State-owned Capital Operation Co., Ltd. to acquire a 6.85% stake for approximately CNY 790 million; German GMP certification in June 2025 for a swine and cattle respiratory drug; subsidiary approval in February 2025 for domestic production of cefuroxime axetil API; and a unit's florfenicol production passing US FDA inspection in December 2024.