Shanghai Pharma
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Pharmaceuticals
Founded 1994. Operates mainly in China, but acquired Australian vitamin business Vitaco in 2016.
Shanghai Pharmaceuticals Holding Co., Ltd | CHN | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Shanghai Pharmaceuticals Holding Co., Ltd | ||||
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)
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)
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) |
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 |
pharm@sphchina.com | |
Website | english.sphchina.com |
Products / Brands
Vitaco (60% owned)
Abundant Earth ![]() 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 |