Founded 1951 | Industry Pharmaceuticals Key people Jinghui Yu (President) Revenue 16.9 billion CNY | |
Website www.gzmpc.com/index_en.php Parent organizations Walgreens Boots Alliance, Guangzhou Pharmaceutical Holdings Limited | ||
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.
Guangzhou Pharmaceuticals wholesales prescription drugs, over-the-counter drugs, medical devices, chemical reagents, experiment equipment and glass wares.
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.
References
Guangzhou Pharmaceuticals Wikipedia(Text) CC BY-SA