- CEO
- Yu Ling Chan
- Full Time Employees
- 441
- Sector
- Health technology
- Industry
- Pharmaceuticals: other
- Address
- Wireless Centre, Phase One Hong Kong Hong Kong
- IPO Date
- Jul 8, 2015
- Business
- PuraPharm Corporation Limited (1498.HK), an investment holding company founded in 1998 and headquartered in Tai Po, Hong Kong, engages in the research, development, production, marketing, and sale of concentrated Chinese medicine granules (CCMG) under the Nong's brand and Chinese healthcare products; it operates through segments including China CCMG, Hong Kong CCMG, Chinese healthcare products, clinics, and plantation, with manufacturing facilities in Nanning, Guangxi, China, that comply with PRC GMP, Australian TGA, and CNAS ISO 17025 standards. The company offers over 600 CCMG products for professional use by Chinese medical practitioners, hospitals, and clinics, alongside over-the-counter health products under brands such as PuraGold, Oncozac, Haveron, and Immuzac; it provides Chinese medicine clinic management systems, operates Nong’s clinics offering diagnostic services and CCMG products, engages in raw Chinese herb plantation and trading, and sells traditional Chinese medicine decoction pieces through online platforms and healthcare institutions in Hong Kong, Mainland China, and internationally. PuraPharm holds the leading 70% market share in Hong Kong CCMG by prescription revenue and is the only non-PRC firm licensed by China NMPA to manufacture CCMG in China, with products recognized by the United States Pharmacopeia. Recent developments include the announcement in October 2025 of a discloseable and connected transaction involving a patent licence agreement with issuance of consideration shares under specific mandate and subscription of new shares; an interim report released in September 2025; appointment of a new independent non-executive director in August 2025; interim results for the six months ended 30 June 2025 announced in August; and a profit warning alongside the patent licence and share subscription proposals in July 2025, alongside ongoing capital reduction efforts and board changes earlier in 2025.