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On the List Again! Sino Biopharm Ranked 40th in the Top 50 Global Pharmaceutical Companies
Release time:2022-06-14
On June 10, Pharm Exec (Pharmaceutical Executive Magazine in the US) announced the Top 50 Global Pharmaceutical Companies in 2022, and Sino Biopharm entered the list for the fourth consecutive year, with a steady rise in ranking to No. 40.
Emphasis on Innovation, R&D Capabilities and Overall Strength Have Been Widely Recognized at Home and Abroad
In recent years, Sino Biopharm has always adhered to the mission of "building a leading integrated pharmaceutical company in China that combines innovation and imitation", and insisted on the concept of "technology creates value" to continuously invest resources to build up its independent innovation capability. In fiscal year 2021, the Group invested RMB 3.82 billion in research and development, up 34.5% year-on-year, accounting for 14.2% of total revenue. The R&D investment in innovative drugs and biologics accounted for over 70%, with the amount invested increasing by approximately 64.7% year-on-year. The R&D investment in the field of anti-tumor accounted for approximately 75%, and the amount invested increased by approximately 71.2% year-on-year. The increase in investment in innovation and R&D has enabled the Group to achieve fruitful results while gaining attention and recognition from society and peers worldwide for its innovation and R&D capabilities and overall strength. In 2021, Sino Biopharm ranked No. 2 in the "2021 Top 100 Chinese Pharmaceutical Innovation Enterprises" released by the China Pharmaceutical Enterprise Management Association; the Group was also selected as one of the "2021 Top 10 Most Innovative R&D Companies in China's Listed Pharmaceutical Companies". On the international front, Sino Biopharm was listed in the Fortune 500 China in 2021, while it was ranked 67th in the 2021 Global Top 1000 Pharmaceutical Companies Report published by Torreya, a leading international investment bank.Continue to Promote Pharmaceutical Innovation and Globalization Layout
Believing that innovation capability as well as R&D strength is the core competitiveness of an enterprise, Sino Biopharm continues to promote pharmaceutical innovation and R&D. In 2021, Sino Biopharm has obtained a total of 36 marketing approvals, and by the end of 2021, the Group has accumulated a total of 417 products under development with clinical approvals, clinical trials underway and manufacturing declarations. At present, the Group has set up several research centers in Beijing, Nanjing, Lianyungang, Qingdao and Shanghai, with a total floor area of over 150,000 square meters, a professional and comprehensive R&D team of over 3,000 people, dozens of research platforms and mature R&D technology platforms, and extensive connection and in-depth cooperation with famous research institutions, universities and hospitals at home and abroad.Share: