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China National Pharmaceutical Industy Corporation Limited(abbreviated as CNPIC),a subsidiary of China National Pharmaceutical Group Corporation(abbreviated as SINOPHARM),is an economic entity of R & D,production,trade and investment.

The former entity of CNPIC ,China National Pharmaceutical Industry Corporation,was established in 1964 and was one of the 12 professional corporations(trusts) trial-run by the State at that time.Since the foundation of the State Pharmaceutical Administration of China(abbreviated as SPAC,former SFDA) in 1978,it has become a professional corporation under the jurisdicition of SPAC in charge of chemical pharmaceutical industry.Registering itself with the State Administration of Industry and Commerce in 1986,China National Pharmaceutical Industry Corporation has turned into an enterprise like corporation.

In September 2004,The State-owned Assets Supervision and Administration Commission,that supervises the state-owned enterprises on behalf of the state,gave its approval to CNPIC to re-organize with Xi'an Topsun Group .China National Pharmaceutical Industy Corporation turns into China National Pharmaceutical Industy Corporation Limited with a registered capital of 955.61 million yuan and total assets of 1.668 billion yuan.Since 1980,CNPIC has entered into cooperation with well-known foreign multinational companies and established dozens of Sino-foreign joint ventures ,including China Otsuka Pharmaceutical Company Ltd.,Xi'an-Janssen Pharmaceutical Ltd.,Sino-American Shanghai Squibb Pharmaceuticals Ltd.,Sino-Swed Pharmaecutical Corp.Ltd.,Suzhou Capsugel Ltd.,etc.There are also more than twenty subsidiaries and associations in pharmaceutical commerical trade and industrial production under CNPIC,such as China National Pharmaceutical Intusty Shareholding Co.,Ltd.,Beijing Zhongxin Pharmaceutical Trade Company ,Hubei Yibao International Pharmaceucal Co.,Ltd.,etc.CNPIC will continue to grow at an increasing pace ,aiming to turn itself into a high-level international company covering R & D,industrial production and commerical trade.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


@ 2006 China National Pharmaceutiacl Industry Co., Ltd