Shandong Xinhua Pharmaceutical Co., Ltd.

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Shandong Xinhua Pharmaceutical Co., Ltd. - overview

Established

1943

Location

-, -, China

Primary Industry

Pharmaceuticals

About

Founded in 1943 and based in China, Shandong Xinhua Pharmaceutical Co. , Ltd. engages in the development, production, and sales of pharmaceutical and synthetic chemical products. The organization has three pillar industries of chemical raw materials, pharmaceutical preparations and pharmaceutical intermediates, 5 industrial parks, and 13 subsidiaries.


In January 2022, Xinhua bio Pharmaceutical (Guangzhou) Co Ltd. raised CNY 100 million in venture funding led by Jingwei Ventures including danlu. com and Sequoia Capital China. The Company provides products for antipyretic, analgesic, anti-inflammatory, sedative-hypnotic, adrenocortical hormones, antihypertensive, antibiotics, hypoglycemic, digestive system, antiparasitic.


The products include analgin, caffeine, amidopyrine, ibuprofen, theophylline, aspirin, magnesium, and more. It operates the business through the following segments: bulk pharmaceuticals, preparations, chemicals, and other products. The enterprise plans to use the January 2022 funding for its AI computing and biological platform expansion, self-research project promotion, and talent team expansion.


Current Investors

Sequoia, Danlu, Jingwei Ventures

Primary Industry

Pharmaceuticals

Sub Industries

Biotechnology, Biopharmaceuticals, Pharmaceuticals

Website

www.xhzy.com

Verticals

Manufacturing

Company Stage

Early Stage

Total Amount Raised

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