Top 10 Pharmaceutical Companies in China (incl. Hong Kong) in 2021 by Revenue
Sinovac Biotech Ltd, Chongqing Zhifei Biological Products Co Ltd, CSPC Pharmaceutical Group Ltd, Sino Biopharmaceutical Ltd, and Jiangsu Hengrui Medicine Co Ltd are the top 5 Pharmaceutical companies in China (incl. Hong Kong) in 2021 by revenue. Collectively, the top 10 pharmaceutical companies in China (incl. Hong Kong) generated revenue of $42,398 million, the highest revenue was generated by Sinovac Biotech Ltd ($19,375 million), followed by Chongqing Zhifei Biological Products Co Ltd ($4,752 million) and CSPC Pharmaceutical Group Ltd ($4,321 million), while Luye Pharma Group Ltd ($806 million) stood the lowest. Sinovac Biotech Ltd is one of the leading pharmaceutical companies in China (incl. Hong Kong) in 2021 by revenue. It is a biopharmaceutical company that develops, manufactures, and commercializes vaccines. The company’s products comprise healive, an inactivated hepatitis A vaccine; bilive, a combined inactivated hepatitis A and B vaccine; anflu, a split viron influenza vaccine; panflu, a vaccine against the H5N1 influenza and inlive, an enterovirus type 71 vaccine. Sinovac Biotech also developed panflu.1, a vaccine against the influenza A H1N1 virus. The company conducts research to develop novel vaccines for infectious diseases including SARS, avian influenza, H1N1 influenza, hand foot and mouth disease. The company markets its products across China and abroad and employs 4,281 people. Chongqing Zhifei Biological Products Co Ltd (Zhifei Biological) is another leading pharmaceutical company in China (incl. Hong Kong) in 2021. The company’s product portfolio includes recombinant novel coronavirus vaccine, recombinant mycobacterium tuberculosis fusion protein, haemophilus influenzae type b conjugate vaccine, meningococcal group A and B polysaccharide vaccine, meningococcal group A and C conjugate vaccine, meningococcal groups A and C haemophilus b conjugate vaccine, haemophilus b conjugate vaccine, mycobacterium vaccae for injection. The company markets products under the brand names Vaccae, XiFeiBei, Monacon, Mengwick, Ika, M. vaccae, appropriate card, Chi Parkway too, and SmartWide. It employs 4,800 people.