Half of the national pharmaceutical time-honored brands are GPHL subsidiaries
2017-09-27 16:13:02 GPHL GPHL
Renowned China time-honored brands such as Wanglaoji, Chenliji, Pangaoshou, Jingxiutang and He Ji Gong, are Guangzhou calling cards, and all belong to GPHL. At present, GPHL owns 12 time-honored brands, accounting for half of the national total.
According to Liu Juyan, vice general manager and chief engineer of GPHL, Wanglaoji, one of GPHL most prestigious brands, with a value of up to 108 billion RMB, is the leading brand in China as well as an important ambassador for ‘made in Guangzhou’.
On January 9, 2016, GPHL hired Dr. Murad, the laureate of 1998 Nobel Prize and father of Viagra to be president of Guangzhou General Pharmaceutical Research Institute Co., Ltd. In light of his nitric oxide development, Dr. Murad joined the research of Huatuo Zaizao Pills, and facilitated the establishment of a modern theoretical system and integration with advanced international pharmaceutical research.
By March, 2016, GPHL had completed its restructuring plan to realize the holistic listing of a pharmaceutical business by acquiring and merging Baiyunshan via Guangzhou Phar. Holdings and issuing shares to purchase assets. Guangzhou Baiyunshan Pharmaceutical Holdings Co., Ltd after listing will become one of the listed pharmaceutical companies with the strongest comprehensive competency.
(Translator: Cheryl Ma; Editors: Simon Haywood, Olivia Yang, Monica Liu)