CITIC Pharmaceutical

China
Henghe, Zhejiang, China, 570125

Company profile

CITIC Pharmaceutical company profile

CITIC Pharmaceutical Co., Ltd. (中信医药) is a pharmaceutical service provider that supplies medicine and related consumables to hospitals. It is a large pharmaceutical operation enterprise integrating medicines supply to hospitals, cross-regional commercial distribution, vaccine sale, medical instruments and consumables sale, and medicine retailing service. In recent years, it has become a pharmaceutical service provider in the supply chain with multiple customized integration service. CITIC Pharmaceutical, which is a subsidiary of CITIC Group, was transformed to a joint venture in 2007. It is invested by China Health System whose holding company is Bioveda China fund and CITIC Investment Holdings Ltd.

Business identity

Operating status
Active
Company type
For Profit
Employee range
251-500 employees
Founded
1993-01-01, Year

Headquarters

Postal code
570125
Country code
CN
Continent
Asia

Capital profile

Funding and company signals

Funding stage
M And A
Funding rounds
3
Total equity funding
$23.1M
Last funding
Series D / $1M / 2009-12-01
Last equity funding
Series D / $1M
Investors
3
Lead investors
1
Founders
1
Exited on
2011-01-14

Founders and investors

Founders

Shengli Wang

Lead investors

New Enterprise Associates

Investors

New Enterprise AssociatesNorthern Light Venture CapitalQiming Venture Partners