- CEO
- Senshan Yang
- Full Time Employees
- 281
- Sector
- Healthcare
- Industry
- Medical - Pharmaceuticals
- Address
- 2/F, Guangri Tower Guangzhou GD People's Republic of China 510006
- IPO Date
- Nov 30, 2006
- Business
- China Medicine Corporation China Medicine Corporation (CHME) engages in the development, manufacture, and distribution of western pharmaceuticals, traditional Chinese medicines, and healthcare products in the People's Republic of China. The company offers prescription and over-the-counter drugs, including Shuangdan Capsules for cardiodynia treatment, Houerhuan Anti-inflammatory Capsules, Shugan Yipi Granules, Danggui Tiaojing Granules, Huangzao Granules, Pingfeng Shengmai Capsules, Danqi Tablets, and Naodesheng Tablets; dietary supplements such as BeThin Tablets, Refrelizer Herbal Tea, LifeFull Herbal Tea, and Relaxetox Herbal Tea; chinese herbs; nutritional supplements; medical devices; and medical formulations. China Medicine Corporation operates primarily through its wholly-owned subsidiary Guangzhou Konzern Medicine Co., Ltd., targeting hospitals, pharmacies, and consumers across China with a focus on oncology, hypertension, and toxin removal applications.
Founded in 2005 and headquartered at 2/F, Guangri Tower, No. 9 Siyounan Road 1st Street, Guangzhou, Guangdong Province, the company--originally Lounsberry Holdings III, Inc.--maintains a network for over 2,000 pharmaceutical and related products while pursuing proprietary research and development, including patented production protocols registered with China's State Food and Drug Administration.
Recent financials reflect trailing twelve-month revenue of $65.76 million and net income of -$113,320 as of mid-2025, with the firm reporting no sales activity in recent quarterly filings amid a microcap market capitalization under $30,000; historical initiatives include a 2010 $69.6 million equity financing agreement with One Equity Partners for expansion following the LifeTech Pharmaceuticals acquisition and earlier pursuits of vertical integration via manufacturing acquisitions in Guangzhou.