Shanghai Pharmaceuticals Holding Co Ltd

SSE:601607

Business Description

Sector

Health Care

Industry

Health Care

Headquarters

China CN

Employees

49 608

IPO date

Mar 24, 1994

Shanghai Pharmaceuticals Holding is a Chinese healthcare company that does two main jobs: it makes medicines and it distributes them. On the manufacturing side, it develops and produces prescription drugs, over-the-counter products, and traditional Chinese medicine products. On the distribution side, it moves medicines and healthcare products through hospitals, retail pharmacies, and other medical channels.

The company sells to a broad set of customers, including hospitals, drug stores, clinics, and other healthcare providers, as well as consumers who buy medicines through pharmacies and other retail outlets. It also works with drug makers and medical suppliers that need a large distribution network to get products to end users. Most of its money comes from selling pharmaceutical products and earning distribution and supply-chain fees.

What makes Shanghai Pharmaceuticals different is that it sits in both parts of the drug value chain. Many companies either make medicines or distribute them, but Shanghai Pharmaceuticals does both. That gives it a large role in getting medicines from factories to patients, and it helps the company benefit from steady demand for essential healthcare products.