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Shanghai Pharma

OVERALL

Owned
CHN
Rating
Criticisms

Pharmaceuticals

Founded 1994. Operates mainly in China, but acquired Australian vitamin business Vitaco in 2016.

Shanghai Pharmaceuticals Holding Co., Ltd   CHN     website   email      

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Shanghai Pharmaceuticals Holding Co., Ltd
Business Ethics Part owned by Govt of China
This company's ownership structure is complex, but it is at least 24.8% owned by Shanghai SASAC, which is owned by the Govt of China, which has received criticisms, particularly over human rights.
Source: company website (2018)
Business Ethics Price fixing in China
In 2016 China's anti-monopoly regulator fined five domestic drug firms, including a subsidiary of this company, a total of close to 4 million yuan ($607,977) for fixing the prices of their medicines. Between April 2014 to September 2015 the companies raised the price of allopurinol tablets, a drug used to treat gout and kidney disease, the National Development and Reform Commission (NDRC) said in statements on its website.
Source: news article (2016)
Business Ethics 20/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 20/100 in the Health Care Providers & Services category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022)

> About the Icons

Company Details

Type Public company
Revenue 28.35 billion USD (2019)
Employees 42,236 (2017)
Subsidiaries Vitaco Holdings Ltd (60% owned) 

Health food, supplements and sports nutrition

Vitaco began in 2007 when two Australasian health & wellness companies merged: Nutra-Life and Healtheries. Bought Bodytrim in 2014 and Musashi in 2015. Next Capital acquired a majority stake in 2007 and floated Vitaco on the ASX in 2015. Soon afterwards the company was acquired by Shanghai Pharmaceuticals and Chinese investment firm Primavera Capital.


  - Musashi Pty Ltd 

Health and sporting supplement makers

Acquired by Vitaco Health in 2015. Owned by Nestle from 2005-2014.

Contact Details

Address Shanghai, China
Email pharm@sphchina.com
Website english.sphchina.com

Products / Brands

Vitaco (60% owned)
Abundant Earth certified organic certified organic  Milk Flavouring
Abundant Earth Health Foods
Aussie Bodies Sports Nutrition
Balance Sports Nutrition
Bodytrim Weight Loss
Healtheries Health Bars
Healtheries Health Foods
Healtheries Tea
Musashi Sports Nutrition
Musashi Weight Loss
Musashi Energy Energy Drinks
Nutra-Life Vitamins


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