China National Accord Medicines Corporation Ltd.

Sinopharm's Shenzhen-based pharmaceutical distributor and drugstore retailer

What China National Accord Medicines does

China National Accord Medicines buys medicines from drug makers and delivers them to hospitals, clinics and pharmacies across China, and also sells directly to patients through retail drugstores. Its shelves cover Western chemical drugs, over-the-counter remedies, traditional Chinese medicine and health products, with a focus on newly launched or specialty drugs and long-term medications for chronic conditions. It also offers rehabilitation therapy and other medical-related services, and exports outside China.

How China National Accord Medicines makes money

It earns the margin between wholesale purchase prices and what hospitals, pharmacies and other downstream customers pay, so profit depends on distribution volume and scale. Retail drugstore sales of OTC drugs, TCM and health products add a higher-margin consumer channel on top of the distribution business.

Products & services

• Pharmaceutical wholesale and distribution to hospitals and pharmacies
• Retail drugstore chain operations
• New and specialty drugs (新特药)
• Chronic disease medications
• Traditional Chinese medicine and Western/chemical drugs
• OTC drugs and health products