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About Fosun Wanbang Pharma Group

HomeOur EnterpriseAbout Fosun Wanbang Pharma Group

Overview

27

th

2022-2023 TOP 100 China Pharmaceutical Manufacturing Companies

National Level


High-tech Enterprises

6


6 Production Bases Across China

6000+


Total Employees of Fosun Wanbang Pharma Group

27

th


2022-2023 TOP 100 China Pharmaceutical Manufacturing Companies

National Level


High-tech Enterprises

6


6 Production Bases Across China

6000+


Total Employees of Fosun Wanbang Pharma Group

Fosun Wanbang (Jiangsu) Pharmaceutical Group Co., Ltd. Office Building

Fosun Wanbang (Jiangsu) Pharmaceutical Group Co., Ltd. (Fosun Wanbang Pharma Group) is a core member enterprise of Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (“Fosun Pharma”, stock code: 600196-SH, 02196-HK). The company was established in 1981, earlier known as Xuzhou Biochemical Pharmaceutical Factory. In 1998, it was reorganized into Wanbang Biochemical Pharmaceutical; in 2001, it was changed to Fosun Wanbang Pharma Groupceutical. In 2004, Wanbang joined with Fosun Pharma; and in 2017, it was upgraded to Wanbang Biopharmaceuticals; In 2024, company name changed to Fosun Wanbang (Jiangsu) Pharmaceutical Group Co., Ltd.

Fosun Wanbang Pharma Group has established a domestic first-class R&D and manufacturing site for genetic engineering drugs for prokaryotic and eukaryotic cells. The research and development of recombinant human insulin and its analogues, recombinant human erythropoietin and other recombinant protein drugs take the leading position in China. The company invests about 10% of the sales revenues for new product research and development annually; it has a professional R&D team with over 400 personnel, more than 50% of whom are high-level personnel such as masters or PhDs, and apply for more than 50 national patents annually, and launch several new products into market.

Currently Fosun Wanbang Pharma Group holds and controls 11 subsidiaries and has established more than 6 manufacturing sites across China. Fosun Wanbang Pharma Group actively improve the quality system to international level. At present, more than 10 production lines have passed site inspection by overseas health authority and obtained certification, Among which, one sterile injectable production line has passed the EU and US FDA site inspection, and one oral solid preparation production line has passed the US FDA site inspection.

Products of Fosun Wanbang Pharma Group market cover the fields of active chemical ingredients and their preparations, biochemical and biological products, traditional Chinese Medicine, etc. The company specializes in the research and development, production and sales of drugs in the treatment fields of hyperglycemia, hypertension, hyperlipidemia, hyperuricemia, and tumors. Animal source insulin, Youlitong? (Febuxostat Tablets), Yibao? (EPO), Wansuping? (Glimepiride Tablets), Keyuan? (Calcium Dobesilate Capsules), and heparin sodium has the market share among the best in China; Keyi? (Compound Aloe Capsules), Kesheng? (Xihuang Capsules), Xiaokekang Granules, and Dunye Tablets are exclusive products in China. So far, the company has more than 20 products with annual sales of over 100 million RMB.

Since the inception, Fosun Wanbang Pharma Group has always adhered to good faith management, and has achieved excellent performance for 30 consecutive years of profitability and positive growth. The company has nationwide marketing network, and has established a number of self-operated marketing divisions such as prescription drugs, OTC and general products. The company also has complete marketing, business, and administrative support functions, meticulous patient education and customer service, steadily developed overseas business, rapidly grown internet business, and a marketing team with 3,000 personnel.

Wanbang always upholds the core value of “Self-improvement, Teamwork Spirit, Performance and Contribution to Society”, and actively create a corporate culture of "Army, School, Family" within the enterprise. The company vigorously introduces and cultivates talents, listens to employees' voices, pays attention to employees' demands, and provides employees with space and opportunities for learning, growth and development. It is committed to provide all staff, on the platform of Fosun Wanbang Pharma Group, with a prosper career, a promising development, and prosperous income, as well as the joy of work and the warmth of home!

Fosun Wanbang Pharma Group also actively takes social responsibilities, vigorously promote the construction of EHS system and continuously increase the public welfare donations (annually donate several million yuan on average). Project Bang, Wanbang Diabetes Family and Wanbang’s scholarship continue to enhance medical assistance, student grants, community care, etc., and have been highly valued from the whole society.

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Entrepreneurship

An entrepreneurial team is important core competitiveness for the development of Fosun Wanbang Pharma Group. The executive team of Fosun Wanbang Pharma Group has a unique strategic vision, able to assess the situation and proactively lay out the Wanbang's development, and actively creates "continuous innovation, pursue the ultimate "corporate culture atmosphere. They are full of passion, leading Wanbang to continue to innovate, endeavor to?improve, and strive for excellence!

Executive Management

Jing Li

Chairman, CEO of Xuzhou Platform of Established Medicines Manufacturing and Supply Division of Fosun Pharma; Chairman of Fosun Wanbang
Ms. Li Jing was born in 1972 and holds a Master's degree. She is now the Executive President of Fosun Pharma, CEO of Established Medicines Manufacturing and Supply Division. Ms. Li joined Fosun Pharma in May 2022 and served as the President of Established Medicines Manufacturing and Supply Division from May 2022 to December 2022、Senior Vice President of Fosun Pharma from August 2022 to December 2023、CEO of Established Medicines Manufacturing and Supply Division since January 2023. Before joining Fosun Pharma, Ms. Li served as engineer, office director and deputy director of Tianjin Pharmaceutical Company Research Institute (the predecessor of Tianjin Pharmaceutical Research Institute Co., Ltd.) from July 1993 to February 2002, Assistant to the general manager of Tianjin Pharmaceutical Group Co., Ltd. from February 2002 to January 2003, Chief engineer of Tianjin Pharmaceutical Group Co., Ltd. and the general manager of Tianjin Pharmaceutical Research Institute Co., Ltd. , President, Chairman of Tianjin Jinyao Amino Acids Co., Ltd. from January 2003 to November 2013, Deputy Party Secretary, General Manager, Chairman, Party Secretary and Director of Tianjin Pharmaceutical Group Co., Ltd. from December 2013 to May 2022, Chairman of Tianjin Pharmaceutical Research Institute Co., Ltd. from July 2017 To April 2022, Chief engineer of Tianjin Pharmaceutical Holdings Co., Ltd. from May 2020 to April 2022, Chairman of Tianjin Pharmaceuticals the Group Research Institute Co., Ltd. (now Jinyao Biotechnology (Tianjin) Co., Ltd.) from October 2020 to April 2022, Secretary of the Party Committee and Chairman of Tianjin Tianyao Pharmaceutical Co., Ltd. from July 2021 to May 2022.
Jing Li

Chairman, CEO of Xuzhou Platform of Established Medicines Manufacturing and Supply Division of Fosun Pharma; Chairman of Fosun Wanbang

Deyong Wen

Chairman of Wanbang Pharma Distribution
Mr. Wen Deyong, was born in 1971 and has a master’s degree, he is currently the Executive Director, Chief Executive Officer of Fosun Pharma and holds directorships and management positions in certain subsidiaries of the Group. Mr. Wen joined Fosun Pharma in May 2002 and served as the vice president, senior vice president, co-president and president of Fosun Pharma, he was appointed as a chief executive officer of Fosun Pharma on June 2022 and an executive director of Fosun Pharma on August 2022. Mr. Wen is currently a non-executive director of Sinopharm Group Co. Ltd. (stock code: 01099.HK), a director of China National Medicines Corporation Ltd. (stock code: 600511.SH), and the chairman of the supervisory committee of China National Accord Medicines Corporation Ltd.* (stock code:000028.SZ). Mr. Wen is currently a deputy of the 16th Shanghai Municipal People’s Congress and a vice chairman of the Shanghai Licensed Pharmacist Association.
Deyong Wen

Chairman of Wanbang Pharma Distribution