Founded 1994. Operates mainly in China, but acquired Australian vitamin business Vitaco in 2016.
|Shanghai Pharmaceuticals Holding Co., Ltd||CHN||website|
|Shanghai Pharmaceuticals Holding Co., Ltd|
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)
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)
|Employees||42,236 in 2017|
|Subsidiaries||Vitaco Holdings Ltd (60% owned)
- Musashi Pty Ltd
Products / BrandsVitaco (60% owned)
Abundant Earth Certified Organic
Abundant Earth Health Foods
Aussie Bodies Sports Nutrition
Balance Sports Nutrition
Bodytrim Weight Loss
Healtheries Health Bars
Healtheries Health Foods
Musashi Sports Nutrition
Musashi Weight Loss