Guangzhou Pharmaceuticals
Company type | Joint venture |
---|---|
Industry | Pharmaceuticals |
Founded | 1951 (1951) (foundation) 2008 (2008) (as a joint venture with Alliance Boots) |
Headquarters | Guangzhou, Guangdong , China |
Area served | China |
Key people | Jinghui Yu (President) |
Revenue | RMB 16.9 billion |
Owner | Walgreens Boots Alliance (50%) Guangzhou Pharmaceutical Holdings (50%) |
Website | www |
Guangzhou Pharmaceuticals Corporation (广州医药集团) is a pharmaceutical wholesaling and distribution company headquartered in Guangzhou, China, and a 50:50 joint venture between Walgreens Boots Alliance and Guangzhou Pharmaceutical Holdings Limited. It is the third-largest pharmaceutical wholesaler in China measured by revenues.[1]
Guangzhou Pharmaceuticals wholesales prescription drugs, over-the-counter drugs, medical devices, chemical reagents, experiment equipment and glass wares.[2]
History
Guangzhou Pharmaceuticals Corporation was founded in 1951. In January 2007 Alliance Boots agreed to acquire a 50 percent interest in Guangzhou Pharmaceuticals Corporation for £38 million, making it a 50:50 joint venture with Guangzhou Pharmaceutical Co., Ltd.[3]
References
- ^ "Chinese joint venture for Boots". BBC News. 29 January 2007. Retrieved 23 March 2013.
- ^ "Company Overview of Guangzhou Pharmaceutical Corporation Limited". Bloomberg Businessweek. Archived from the original on April 10, 2013. Retrieved 23 March 2013.
- ^ "Alliance Boots in joint venture to enter China". Reuters. 29 January 2007. Archived from the original on March 6, 2016. Retrieved 23 March 2013.
External links
- Guangzhou Pharmaceuticals
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- Alliance Healthcare
- Boots
- Boots Opticians
- Drugstore.com
- Duane Reade
- Farmacias Benavides
- Guangzhou Pharmaceuticals (50%)
- No. 7
- Walgreens
- Walgreens Health Services
- Alliance Boots
- Cunningham Drug
- Dollond & Aitchison
- Drug Fair
- Farmacias El Amal
- Happy Harry's
- Kerr Drug
- USA Drug
- Grupo Sanborns
- Ibuprofen
- Intercom Plus
- Schoep's Ice Cream
- Strepsils
- Wag's
- Walgreen Drug Store Historic Site
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