Cisen Pharmaceutical Co Ltd
Cisen Pharmaceutical Co Ltd is located in Jining, East China's Shandong province. [Photo provided to chinadaily.com.cn]
Cisen Pharmaceutical Co Ltd, which is located in Jining, East China's Shandong province, is a leading pharmaceutical company that specializes in the research, development, and marketing of drugs. It was established in 1970 and listed on the main board of Shanghai Stock Exchange in September 2017.
The company's major products include large and small-volume injections, freeze-dried powder injections, tablets, ointments, eye drops, as well as capsules.
Cisen Pharmaceutical has four industrial parks that span about 1.33 million square meters in total. It owns a number of production plants, like Shandong Chenlong Pharmaceutical Co and Cisen Fodu Pharmaceutical (Wenshang) Co, both of which are its wholly owned subsidiaries. It also possesses several research and development institutions, such as Beijing Cisen Huizhi Medicine Science and Technology Co, as well as Cisen Pharmaceuticals India Private Ltd.
With a staff of nearly 3,000 people, more than 1,000 of whom are technicians, Cisen Pharmaceutical has assets valued at 5.5 billion yuan (about $851 million) in total. Its annual sales reached over 4 billion yuan, ranking among the top 100 pharmaceutical companies in China.
The company has been pursuing innovation-driven development, spending 6 percent of its annual revenue in R&D, as well as setting up a number of research centers in Beijing, Shanghai, and India. It has established long-term partnerships with many renowned universities and institutes, including China Pharmaceutical University, the Shanghai Institute of Materia Medica of the Chinese Academy of Sciences, as well as Shandong University. Researchers at Cisen have developed more than 100 kinds of new drugs.
Cisen Pharmaceutical has developed independently adefovir dipivoxil, a substance that is used for treating the hepatitis B virus (HBV). Its adefovir dipivoxil tablets were granted a Class A new drugs license by the country and won first prize for its scientific achievements in Shandong.
Cisen Pharmaceutical has four industrial parks that span about 1.33 million square meters in total. [Photo/Official website of Cisen Pharmaceutical Co]