First China Overview
|Keys to Success|
|First China Pharmaceutical Group is one of a few pharmaceutical distribution companies in Yunnan Province to be granted a "License of Internet Pharmacy Information Service" allowing online marketing and order processing.
|First China Pharmaceutical Group is positioned to achieve near-term growth by dramatically expanding its product offerings, leveraging online ordering in order to bypass city and county distribution layers, increasing its customer base, and acquiring other established distributors.
|The Chinese pharmaceutical market is growing more than 20% per year. China is on track to become the third-largest prescription drug market next year, with sales expected to grow by $40 billion by 2013 as the country improves its healthcare infrastructure.
First China Pharmaceutical Group is a profitable provincial pharmaceutical distributor providing drug logistics and distribution in Yunnan Province, China (pop. 45,710,000).
First China Pharmaceutical Group offers a strategic advantage over its competitors as it is believed to be one of a limited number of pharmaceutical distribution companies in Yunnan Province that has obtained government approval to fulfill orders over the internet.
China's pharmaceutical industry will grow at an average annual rate of 22% from 2010 to 2019, according to a June 23 report issued by China’s Southern Medicine Economic Research Agency.