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 | ||||
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) |
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 |