- CEO
- Wanyong Lian
- Full Time Employees
- 94,910
- Sector
- Healthcare
- Industry
- Medical - Distribution
- Address
- Sinopharm Group Building Shanghai SH People's Republic of China 200023
- IPO Date
- Apr 21, 2011
- Business
- Sinopharm Group Co. Ltd. Sinopharm Group Co. Ltd. engages in the wholesale and retail distribution of pharmaceutical products, medical devices, and healthcare items primarily in China. The company operates through key segments including pharmaceutical distribution, which supplies drugs such as antibiotics, biological products, and Chinese herbal medicines to hospitals, clinics, distributors, and retail pharmacies while providing logistics and value-added services; medical devices distribution, encompassing installation, maintenance, and sales of equipment; retail pharmacy, managing and franchising a nationwide network of drug stores; and other businesses involving laboratory supplies, chemical reagents manufacturing, property management, and pharmaceutical production. It also offers information technology, import-export, consulting, and exhibition services, with operations centered in China and exports worldwide.
Founded in 2003 as a subsidiary of China National Pharmaceutical Group Co. Ltd., a state-owned enterprise established in 1998 and headquartered at 20 Zhichun Road, Haidian District, Beijing, China, Sinopharm Group Co. Ltd. maintains its principal operations from Shanghai. The company serves diverse customers including healthcare providers, manufacturers, and consumers through an extensive supply chain focused on life and health industries.
Recent developments include a deep strategic cooperation agreement signed on December 13, 2024, with China Biopharmaceutical to integrate resources in retail pharmacy, national university pharmacy, and professional services, aiming to build a nationwide off-hospital market network and enhance patient access. In December 2024, its subsidiary Hupan Pharmaceutical entered a $1.5 million sales agreement with Sinopharm Holding Hubei New Special Medicine Co., Ltd. for essential medicine supply following prior logistics partnerships. Additionally, in April 2023, it formed a cooperation pact with Pfizer to seek approvals for 12 drugs in China by 2025, bolstering its portfolio amid ongoing expansions in distribution and manufacturing.