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Harbin Pharmaceuticals Stage: LBOs and Special Situations Date of Investment: 2005 Web Site : http://www.hayao.com Stock Symbol : SHA: 600664 |
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Harbin Pharmaceutical Group Holding Co., Ltd., based in Harbin, China, is a leading domestic pharmaceutical company in China. The Company is a large-scale and efficient manufacturer and distributor of generic antibiotics drugs and one of the best-known branded marketers of over-the-counter and nutritious supplement products in China. The Company’s major subsidiaries Harbin Pharmaceutical Group Co., Ltd. and Sanjing Pharmaceutical Co., Ltd. are listed on the Shanghai Stock Exchange.
In 2005, Warburg Pincus led an investment consortium to acquire control of the Company from the Harbin City Government, which remains the single largest shareholder.
