Wanbangde Pharmaceutical Named to the "2018 Top 100 Chinese Traditional Medicine Enterprises Ranking"

Date:

01 Mar,2021


From July 15 to 17, 2019, the National Pharmacy Week and the China Pharmaceutical Innovation & Development Conference were grandly held at Shandong Building in Jinan, Shandong Province. During the event, five key sub-lists from the "2018 China Top 100 Pharmaceutical Companies" series—including the "Top 100 Chinese Chemical Pharmaceutical Companies Ranking" and the "Top 100 Chinese Traditional Chinese Medicine Enterprises Ranking"—were officially unveiled. Notably, Wanbangde Pharmaceutical Group proudly secured the 69th position on the "2018 China Top 100 Traditional Chinese Medicine Enterprises Ranking."

The ranking was compiled by the Expert Committee of the Top 100 Chinese Pharmaceutical Industry List, organized by the Minene Institute. Relying on Minene Network's proprietary database—developed and maintained exclusively in China for many years—it captures the market dynamics across three key terminals and six major pharmaceutical distribution channels. The list focuses on two critical dimensions for pharmaceutical companies: innovation-driven growth and professional promotion capabilities. These were evaluated through a comprehensive, objective, and impartial selection process. Specifically, innovation drive was assessed primarily based on a company’s comprehensive R&D investment metrics, while professional promotion strength was rigorously defined using quantitative terminal data tied directly to the preferences and choices of clinicians and patients.

After 17 years of development, Wanbangde Pharmaceutical Group has established a robust R&D and industrialization platform centered on chemical drugs and herbal medicines, now operating on a substantial scale. The company has successfully built a comprehensive pharmaceutical industry chain—from the production and supply of chemical and natural plant-based active pharmaceutical ingredients to the manufacturing of finished dosage forms. In recent years, Wanbangde Pharmaceutical Group has steadfastly pursued its strategies of driving enterprise growth through science and technology and strengthening the brand. As a result, the group has achieved notable milestones in areas such as independent R&D of new products, cultivating innovative talent and nurturing core R&D teams, boosting corporate profitability and tax contributions, and enhancing quality standards. The group’s business volume has grown steadily year after year, while its technological innovation capabilities continue to break new ground. This has enabled the company to develop several renowned blockbuster traditional Chinese medicine products, foster the success of multiple single-product brands, expand its market presence continuously, and significantly enhance its brand influence—earning widespread acclaim both within and beyond the industry.

Wanbangde Pharmaceutical Group, committed to enhancing its independent innovation capabilities, has integrated scientific and technological resources from over ten research institutions, hospitals, and renowned universities—both domestically and internationally—to establish the "Ginkgo Biloba Droplet Pill Medical-Research-Enterprise Collaborative Innovation Alliance," led by Academician Wang Guangji. This alliance is spearheading the secondary development of the company’s flagship product, Ginkgo Biloba Droplet Pills. The company’s core product, Ginkgo Biloba Droplet Pills, has already been incorporated into 9 clinical guidelines, expert consensus documents, and clinical pathway interpretations. Notably, it is the only domestically produced oral Ginkgo Biloba formulation included in the "Clinical Pathway Interpretation," covering conditions such as transient ischemic attacks, cerebral infarction, stable coronary artery disease, and chronic stable angina pectoris undergoing interventional treatment. Additionally, it has been recommended as a preferred medication in the "Chinese Expert Consensus on Diagnosis and Treatment of Cardiovascular Diseases Comorbid with Insomnia." In 2018, the product was selected for inclusion in China’s National Key Research Program—the Quality Standard Study of Major Traditional Chinese Medicines Registered in the EU (2018YFC1707905). Furthermore, in 2019, it was recognized as both a "National Ethnic Medicine Craftsmanship Product" and one of the first batch of high-quality traditional Chinese medicines nationwide, as well as being named among Zhejiang Province’s prestigious medicinal products.

Wanbangde Pharmaceutical Group has established a nationally recognized, model Academician Expert Workstation led by Academician Tang Xican, focusing on the research and development of huperzine A— an active ingredient used in anti-Alzheimer's drugs—as well as related pharmaceutical formulations. To date, the company has successfully developed exclusive products such as Huperzine A Injection, the innovative drug Balanced Salt Irrigation Solution, and Tongjingning Granules, all of which have now been scaled up for industrial production.

Over the next three years, Wanbangde Pharmaceutical Group plans to invest 1 billion yuan to build a generic drug R&D, as well as an active pharmaceutical ingredient (API) and formulation production base. At the same time, the company will continue to intensify its exploration and research into innovative drugs, generics, and cutting-edge technologies, pursuing new, multi-dimensional, and in-depth pathways for corporate transformation and upgrading—and ultimately driving the company toward high-quality growth.

Related Recommendations