TOPIC

/ company

Shanghai Fosun Pharmaceutical

Shanghai Fosun Pharmaceutical (Group) Co Ltd is a unit of one of China’s largest conglomerates Fosun International.

Chairman / President

Wu Yifang

CEO / Managing Director

Wen Deyong

CFO / Finance Director

Gong Ping

Industry

Pharmaceuticals

Website

fosunpharma.com

Headquarters address

Building A, No. 1289 Yishan Road, Shanghai, China

Stock Code

SEHK:2196, SSE:600196

Year founded

1994

Chinese biotech firms struck a record US$60 billion in cross-border licensing deals in the first quarter of 2026. Photo: Getty Images

China’s private sector

China’s biotech boom drives surge in home-grown innovative drug approvals

Domestic firms dominate China’s drug approvals amid jump in spending and out-licensing deals as regulator speeds path to market.

27 May 2026 - 9:00PM

China Conference: Southeast Asia

Fosun Health to build first overseas hospitals in Indonesia amid global push

11 Feb 2026 - 7:11PM

Banking & finance

Mainland China’s investors pour into Hong Kong-listed drug stocks

10 Feb 2026 - 4:31PM

Made in China 2025

Fosun Pharma unit licenses lung cancer drug to Eisai in US$1.55 billion deal

The deal comes as Chinese novel drug makers are having more say in how their new medicines are developed with global partners.

6 Feb 2026 - 5:00PM

A view of the Shanghai facility of Fosun Pharma’s biopharma unit Henlius. Photo: Handout

IPO

China’s Fosun Pharma eyes spin-off Hong Kong IPO of vaccine unit

Fosun Adgenvax (Chengdu) joins an IPO wave that raised more than US$1.5 billion last year for biotech companies.

23 Jan 2026 - 4:16PM

China’s private sector

China’s drug and medical device sector fuels growth with record licensing deals

China’s pharmaceutical industry surges on ageing demand and global expansion, with revenue forecast to top US$2.1 trillion by 2030.

27 Jan 2026 - 3:59PM

Made in China 2025

Meow or never: China’s pudgy pets spark race for weight-loss drugs

Fosun and Huadong biotech labs eye feline obesity drugs as owners weigh cuteness against health risks.

7 Jan 2026 - 8:30AM

The total pet population in China reached 430 million in 2024, with nearly one-third of urban cats classified as obese, according to the China Pet Industry Association. Photo: Shutterstock

IPO

China vital to Insilico’s plan to build biotech’s AI ‘Einstein’ for new drugs

US firm, backed by Fosun and Tencent, expands research base in China as it develops an AI-powered drug-discovery tool.

31 Dec 2025 - 2:26PM

United States

Are Chinese biotechs what the doctor ordered as Big Pharma faces ‘patent cliff’?

US drug makers are racing to plug looming ‘patent cliff’ revenue gaps – and increasingly they are turning to China biotechs.

20 Dec 2025 - 8:57AM

Made in China 2025

Chinese biotech Scizeng’s global licensing deal to yield up to US$1.44 billion

Yarrow Bioscience gets exclusive global rights for the GenSci098 therapy to treat thyroid eye disease and Graves’ disease.

16 Dec 2025 - 3:47PM

A number of Chinese biotech firms have clinched licensing deals with multinational companies this year. Photo: Shutterstock

Made in China 2025

China’s Fosun Pharma unit strikes US$2.1 billion obesity drug deal with Pfizer

Yao Pharma’s deal with the US pharmaceutical giant underscores China’s growing role in global biotech licensing.

10 Dec 2025 - 4:39PM

The collaboration is “another significant milestone in Fosun Pharma’s strategy of innovation and internationalisation”, according to the company. Photo: Reuters

China’s private sector

Fosun brings UK particle therapy to mainland China in advanced cancer care push

The US Food and Drug Administration-approved Marie system promises human-centred care, advanced technology and lower costs.

7 Nov 2025 - 7:30AM

Greater Bay Area

Unmet healthcare demand in Asia presents Chinese hospitals with opportunities

Fosun Health is targeting medical tourists from South Asia, Southeast Asia and the Middle East, CEO Frank Hu Hang says.

21 Oct 2025 - 2:53PM

China-Africa relations

China’s ‘health silk road’ in Africa gets a boost with insulin, pharma projects

Move to manufacture insulin locally is set against forecast of nearly 55 million Type 2 diabetes cases in sub-Saharan Africa by 2045.

11 Oct 2025 - 2:00PMvideocam

Nigeria is expected to produce insulin and HIV drugs in partnership with Chinese firms, while the Ivory Coast will similarly make antimalarial drugs and antibiotics. Photo: Shutterstock

Biomedicine: Industry Trends

China’s drug developers stretch to become a global force

Although a start-up’s recent triumph is seen as a ‘DeepSeek moment’, domestic players still trail world-beating pharma firms, experts say.

4 Oct 2025 - 10:56AM

Fosun Group

Fosun’s Henlius in talks with Johnson & Johnson, Roche on cancer drug

Shanghai Henlius Biotech is in talks with multinational pharmaceutical firms about selling them the rights to an experimental cancer drug.

16 Sep 2025 - 4:30PM

Robotics

Hong Kong surgical robot start-up Cornerstone takes aim at da Vinci

Company aims to raise US$70 million to develop its systems, which it claims rival the market-leading da Vinci units at lower cost.

26 May 2025 - 3:46PM

Health in China

Chinese pharmaceutical companies look abroad for growth markets

Shanghai Henlius struck a deal in Saudi Arabia while XtalPi signed a partnership with Sinar Mas Multiartha in Indonesia.

11 Nov 2024 - 7:01PM

Fosun’s Shanghai Henlius, Tecent-backed XtalPi ink partnership deals with Asian partners. Photo: Shanghai Henlius

Hong Kong stock market

Shanghai biotech firm’s shares soar after Fosun’s US$690 million buyout offer

Henlius joins a wave of companies that have left Hong Kong’s stock market this year, either through privatisation or voluntary delisting having found themselves undervalued.

25 Jun 2024 - 5:20PMvideocam

Shenzhen

Chinese drugs giant, Shenzhen team up to invest in city’s biomedical start-ups

Fosun Pharma will team up with Shenzhen’s government to raise a 5-billion yuan (US$700 million) healthcare fund to invest in start-ups and innovations in cellular biology, genetics and other fields related to biomedicine.

14 Mar 2024 - 7:00PMvideocam

Medicine

Fosun Pharma to deliver China-made surgical robots in key medical milestone

The Fosun Group is looking to make another major leap in the healthcare industry as it prepares to deliver locally-made surgical robots to hospitals.

12 Nov 2023 - 4:14PMvideocam

Visitors looking at Fosun Pharma’s locall-produced Da Vinci surgical system in the Medical Equipment and Healthcare Exhibition Area during the CIIE 2023 Expo in Shanghai on November 6. Shanghai, China. Photo: Future Publishing via Getty Images

China's border reopening

Shanghai Fosun sees mainland demand for Omicron-focused BioNTech shot in Hong Kong

Long queues of mainland Chinese nationals looking to receive the mRNA vaccine have been seen outside Hong Kong clinics following a re-opening of the border.

12 Jan 2023 - 7:48AM

Mainlanders are rushing to Hong Kong for mRNA vaccine. Photo: Reuters

Medicine

Fosun mulls sale of Indian drug maker Gland valued at US$3.6 billion

A sale of Hyderabad-based Gland, which specialises in injectable drugs such as antibiotics, oncology and cardiology treatments, will help Fosun raise cash and shore up its balance sheet.

29 Nov 2022 - 3:02PM

Banking & finance

Fosun sells assets amid credit downgrades, liquidity pressure

Fosun International has sold some of its peripheral assets to raise almost US$100 million in cash in recent weeks, as credit rating cuts heighten concerns about the conglomerate’s financial strength.

20 Sep 2022 - 6:40PM

Coronavirus China

Home-grown vaccine back on the agenda, China energises ‘scientific’ strategy

Remarks by Vice-Premier Liu He suggest vaccine development remains on the agenda for China, with clinical trials of a home-grown Omicron jab having started in Zhejiang.

1 Jun 2022 - 6:30AMvideocam

clinical trials of a home-grown Omicron jab having started in Zhejiang province earlier this month. Photo: Xinhua

Fosun Group

Fosun sees profit rise, set to make generic Pfizer, Merck Covid-19 pills

Shanghai Fosun Pharmaceutical Group is looking into which of its existing plants can be used to manufacture generic versions of Pfizer’s nirmatrelvir, which is sold under the Paxlovid brand name, and Merck’s molnupiravir.

24 Mar 2022 - 6:20PMvideocam

A laboratory manufacturing Pfizer’s Paxlovid in Freiburg, Germany. Fosun Pharma is also eligible to produce and supply the raw ingredients for the drug, which is called nirmatrelvir. Photo: AFP

Medicine

Five Chinese companies approved to make cheaper version of Pfizer’s Covid-19 oral drug

The five Chinese drug makers were among 35 firms to sign non-exclusive sublicensing agreements with the United Nations-backed MPP.

18 Mar 2022 - 9:00PM

Coronavirus vaccine

Fosun Pharma, CanSino favoured as vaccinations, infections boost prospects

Chinese vaccine producers stand to benefit from a move to speed up jabs for the nation’s 1.4 billion population, as well a sudden surge in infections across Asia, adding to a market-beating rally this year, analysts said.

24 May 2021 - 9:29AMvideocam

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