- CEO
- Xu Guang Ma
- Full Time Employees
- 3,131
- Sector
- Retail trade
- Industry
- Drugstore chains
- Address
- Tower 1, Kerry Enterprise Center Shanghai SH China 200063
- IPO Date
- Dec 23, 2022
- Business
- Sipai Health Technology Co., Ltd., also recognized as Medbanks Health Technology, functions as a prominent medical technology and health management enterprise within the People's Republic of China. This company delivers its services through three principal divisions: Specialty Pharmacy Operations, Clinical Research Support, and Health Coverage Solutions. The Specialty Pharmacy Operations segment manages specialized pharmacies, offering innovative medications, particularly for oncology and complex conditions, along with expert pharmacist guidance and a comprehensive pharmaceutical supply chain. In 2024, this division began a strategic restructuring to better align with the company's "health insurance plus healthcare management" model, shifting focus away from general medication distribution. The Clinical Research Support division assists pharmaceutical companies and trial institutions with site management organization services, encompassing trial feasibility, participant recruitment, data handling, and comprehensive on-site study support, including specialized medical imaging assessments. The Health Coverage Solutions division delivers insurance brokerage services to insurers and comprehensive health management programs for both insurance providers and corporate clients, including tailored "insurance + health + medical" offerings. Established in 2014, the company maintains its primary operational hubs across China, including Guangzhou, Shanghai, and Beijing.