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Shenqi Pharmaceutical

Updated: Sep 20, 2018 chinadaily.com.cn Print
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Shenqi Pharmaceutical (神奇制药) is a pharmaceutical company located in Guiyang city. It focuses on the development, production, and selling of antitumor drugs, cerebrovascular drugs, antitussives, children’s medicine, and antifungal drugs.Logo of Shenqi Pharmaceutical

Logo of Shenqi Pharmaceutical [Photo provided to chinadaily.com.cn]

It has two production bases, one in Guiyang city and another in Longli county, Guizhou province and covers an area of over 600 mu (40 hectares). It has 42 production lines tablets, capsules, sprays, membranes, granules, syrups, tinctures, and injections. Each production line has a GMP (Good Manufacturing Practices) certification. The company is planning to build a 300 mu factory in the Guiyang National High Tech Industrial Development Zone which will go into operation in 3 to 5 years.

Shenqi Pharmaceutical is strong in both research and innovation. Guizhou Miao Medicine Engineering Technology Center, which belongs to the company, has established long-term cooperative relationships with famous domestic and international drug research institutions.

The company is a national manufacturing informatization demonstration enterprise and is an advanced unit of Guizhou intellectual property pilot demonstration work. It has developed 8 ethnomedicines with independent intellectual property rights and has 75 national invention patents.

The company’s featured products include a series of antitussive products and antineoplastic drugs, 35 of which are in the national drug reimbursement list or essential drug list. The company has a distribution network in over 100 Chinese cities.

The company also engages in charity, donating over 200 million yuan ($ 30.41 billion) to pave roads, build bridges, develop production for farmers, build primary and secondary schools, and establish youth centers in Guizhou. It also set up student grants in Beijing University of Chinese Medicine, Shenyang Pharmaceutical University and Guizhou Minzu University to help poor students. In 2002, the company donated 120 million yuan worth of antituberculous drugs to Africa and 12 impoverished counties in western China.

Shenqi Pharmaceutical is taking medical investment as a strategic development direction and using the power of capital market to strengthen the pharmaceutical industry. The company is using investment, cooperation, mergers, acquisitions and reorganization to integrate the organization, model, resources, brand and culture. The company is committed to becoming the leader of the domestic pharmaceutical industry and a big health industry cluster specializing in patented Chinese drugs.

Official website: https://www.gzsq.com

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