News & Media

Chinese pharmaceutical companies interested to partner with Partnership Fund

Posted on: 18 Jan 2016

Representatives of – SINOPHARM and EDAN, Chinese pharmaceutical companies made a presentation on their activities at the Partnership Fund office. The Chinese companies are interested in starting business in Georgia. At the meeting the sides discussed partnership opportunities and agreed to cooperate in the future. NatiaTurnava, Deputy CEO of the Partnership Fund introduced the guests to the Fund’s strategy, priorities and projects which are being implemented by the Fund in the healthcare sector. Sinopharm Group Company Limited is the largest pharmaceutical company in China, jointly owned by China National Pharmaceutical Group Corporation and Shanghai Fosun Pharmaceutical. Sinopharm Group researches and develops, manufactures, distributes, and markets medicine and other healthcare products. Sinopharm Group manages factories, research laboratories, traditional Chinese medicine plantations, and marketing and distribution networks that extend throughout China. Sinopharm Group, which has operations in Africa, France, Germany, Hong Kong, the US, and Vietnam, was formed in 1998. Edan is a leading Chinese provider of high-tech medical devices having marketing channels among over 120 countries and regions. The company has five product categories, namely Obstetric & Gynecology Products, Patient Monitoring Products, Diagnostic Electrocardiographs, Ultrasonic Imaging Systems and In-vitro Diagnostic Products. EDAN, owning over 80 types of products, has become a leading medical equipment supplier which maintains sustainable growth worldwide.