On September 2, the 34th China Pharmaceutical Industry Information Annual Conference 2017 hosted by the China Pharmaceutical Industry Information Center opened in Chengdu.
The conference issued the China Pharmaceutical Industry Top 100 Enterprises in 2016 of Ministry of Industry and Information Technology. The top 3 are Yangtze River Pharmaceutical Group Co., Ltd, Guangzhou Pharmaceuticals Corporation Co., Ltd, and Xiuzheng Pharmaceutical Group Co., Ltd.
According to the statistics and analysis of China Pharmaceutical Industry Information Center, this year’s top 100 enterprises generated revenue of CNY 680.9 billion in the pharmaceutical industry main business, and achieved a year-on-year increase of 11.1%. The threshold of top 100 enterprises has also risen to CNY 2.4 billion. The average size of top 100 enterprises is expanding rapidly.
Three medical devices companies are on the list
In this year’s top 100 list, three companies that focus on business of medical devices are on the list, including Wego Group Co., Ltd. (11th), the Baxter China Investment Co., Ltd. (82nd) and Lepu Medical Technology (Beijing) Co., Ltd. (97th). All these three enterprises are members of China Association for Medical Devices Industry.