Zhejiang Huafang Pharma Co., Ltd.

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Company Profile
Zhejiang Huafang Pharma Co., Ltd.

Zhejiang Huafang Pharmaceutical Co., Ltd(formerly Zhejiang Huangyan Sifang Chemical Plant) is a joint-stock enterprise founded in 1993. The headquarter is located in Huangyan Economic Development Park in Zhejiang province, covering an area of 46,666.9 m2. The area of structure is 32009 m2. Huafang has total asset of 300 million yuan, including 150 million yuan fixed asset. In 2005, we invested 160 million yuan to set up a subsidiary named SiFang Pharmaceutical Co., Ltd in Weifang, Shandong. At present, we have 500 employees, among whom, 180 are technicians, which is to say that approximately 40% of our employees are technicians.

Our products
Our products are quality-oriented. We build up and operate our quality management system based on the new GMP standard to ensure that all the products have credible and stable quality. We have formed many professional production lines, including Anti-infection drugs production line, Allergy medications production line, Cardiovascular drugs production line, Antipyretic analgesic drugs production line and many intermediates' production lines. At present, Huafang's annual production capability is 1500 tons.

Our products have won good reputation both at home and abroad. We build close business relationship with domestic well-known enterprises, for instance, Sinopharm Group, Shanghaipharm Group, Tasly Group, Luoxin Pharm, Pude Pharm, Haiyao Pharm and Yongning Pharm. Also, our products are exported to Europe, United America, India, Japan and Korea. We have business connection with world's famous enterprises, for example, Teva Pharmaceutical Industries Limited (NASDAQ: TEVA), Bristol-Myers Squibb, Meiji Pharmaceutical, Otsuka Pharmaceutical, and GlaxoSmithKline (GSK). Our products are well-received because of the high quality. At the end of 2013, the sales revenue of Huafang reached 230 million yuan.

R&D and Achievements
Huafang is a tech led enterprise. We make great efforts to improve the research ability. By possessing advanced R&D center in provincial level, Huafang is approved as one of the high and new tech enterprises of Zhejiang Province. We were the first one setting up the academician workstation in Huangyan. Otherwise, we build long-term collaboration with celebrated research institutions and universities, such as Sichuang Antibiotics Research Institution which is under the control of the State Food and Drug Administration, Lanzhou University, Shenyang Pharmaceutical University, East China University Of Science and Technology, Fudan University, Zhejiang University, Zhejiang University of Technology.

Under the hardworking on research, Huafang achieved several honors. At present, we have one technology innovation fund project of China, two national torch projects, one national key new product, nine high-tech products of Zhejiang province, six high-tech products of Taizhou and 7 patents.

Sustainability
With increasing environmental issues, we devote to the principles of sustainable development and take the social responsibility of environmental protection. On account of big investments in environmental protection facilities every year, we are armed with sewage treatment station which can purify 1000t sewage per day, and waste gas treatment station that with ability of cleaning 360,000 m3 waste gas every day. Therefore, we have the competence of disposing all wastes from daily production, and meet the discharge standards of pollutants.

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Year of Establishment: 1993

Total Assets(USD): choose not to disclose

Total Number of Staff: less than 10 person

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