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BioWorld - Saturday, March 21, 2026
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Home » Jiangsu Hengrui heads West to grow innovative pipeline via $100M JV
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Jiangsu Hengrui heads West to grow innovative pipeline via $100M JV

July 6, 2016
By Shannon Ellis
SHANGHAI – Jiangsu Hengrui Medicine Co. Ltd. is one of China’s most profitable non-state-run pharmaceutical firms focused on generics. With a market cap of $14.2 billion, last year Jiangsu Hengrui raked in revenues of $1.4 billion with a net profit of $327 million. But Chairman Piaoyang Sun saw the writing on the wall a few years back and has been preparing his company for an innovative future, one in which the U.S. plays a key role.
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