The company has ranked among the top 50 Chinese pharmaceutical R&D enterprises in terms of overall strength.
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Time:2019-07-15
On June 21, the highly anticipated “2019 China Pharmaceutical R&D Strength Ranking” (including the overall ranking, the chemical drug ranking, the traditional Chinese medicine ranking, and the biopharmaceutical ranking), as well as the “Top 20 Chinese CROs of 2019,” were released. Thanks to its robust capabilities in pharmaceutical R&D and technological innovation, the company was ranked among the “Top 50 Chinese Pharmaceutical R&D Companies of 2019,” placing 46th. Meanwhile, owing to its outstanding expertise in the development of high-end generic drugs and innovative chemical medicines, the company also secured the 35th position on the “Top 100 Chinese Chemical Drug R&D Companies Ranking.”
On June 21, the highly anticipated “2019 China Pharmaceutical R&D Strength Ranking” (including the overall ranking, the chemical drug ranking, the traditional Chinese medicine ranking, and the biopharmaceutical ranking), as well as the “Top 20 Chinese CROs of 2019,” were released. Thanks to its robust capabilities in pharmaceutical R&D and technological innovation, the company was ranked among the “Top 50 Chinese Pharmaceutical R&D Companies of 2019,” placing 46th. Meanwhile, owing to its outstanding expertise in the development of high-end generic drugs and innovative chemical medicines, the company also secured the 35th position on the “Top 100 Chinese Chemical Drug R&D Companies Ranking.”
It is reported that this ranking event is jointly organized by Yaozhi.com, Xinhua Health Think Tank, Southwest University, Chongqing Institute of Chinese Materia Medica, and Chongqing Medical Insurance Research Association. The ranking is calculated based on a weighted combination of data including pharmaceutical companies’ drug application approval status in 2018, R&D investment expenditures in 2018, the “Office of the National Development and Reform Commission’s Announcement on the Evaluation Results of National Enterprise Technology Centers for 2018-2019,” and brand performance.
In recent years, China’s pharmaceutical industry has been undergoing increasingly rapid reforms with ever-stronger measures. The longstanding malpractice in the traditional pharmaceutical sector—placing greater emphasis on sales than on research and development—has gradually become more apparent. With the implementation of policies such as the “National Generic Drug Consistency Evaluation” and the “4+7 Cities’ Centralized Drug Procurement,” competition in the pharmaceutical industry has reached a fever pitch. In this dynamic and ever-changing market environment, only those companies endowed with robust R&D capabilities will be able to stand out amid fierce competition, achieve a phoenix-like rebirth, and transform from cocoons into butterflies.
As an innovative pharmaceutical manufacturer integrating research and development, production, and sales, the company has consistently regarded R&D innovation as a key strategic priority for its corporate development, gradually establishing a comprehensive R&D innovation system and building competitive advantages. In recent years, the company has successively set up high-level, high-standard R&D platforms such as a postdoctoral workstation, an academician workstation, and a Nobel Prize-winning expert workstation. It has also assembled an R&D innovation team led by top-tier experts, with more than 300 R&D personnel. The company invests over 100 million yuan annually in R&D, placing it among the leaders in the domestic industry. The company is committed to developing product portfolios across nine major therapeutic areas, including anti-infectives, the nervous system, the respiratory system, the digestive and metabolic systems, and the cardiovascular system. Currently, the company has over 160 products in various stages of development, including more than 10 first-class new drugs. These new drugs not only meet the nation’s most extensive, cutting-edge, and urgently needed medical needs but also hold great potential to accelerate the advancement of Healthy China by providing a complete product pipeline backed by innovative medicines.
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