Guangzhou Pharmaceuticals Corporation () is a pharmaceutical wholesaling and distribution company headquartered in Guangzhou,

China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, slig ...

, and a 50:50 joint venture between

Walgreens Boots Alliance Walgreens Boots Alliance, Inc. is an American-British-Swiss holding company headquartered in Deerfield, Illinois that owns the retail pharmacy chains Walgreens and Boots, as well as several pharmaceutical manufacturing and distribution companies ...

and Guangzhou Pharmaceutical Holdings Limited. It is the third-largest pharmaceutical wholesaler in China measured by revenues. Guangzhou Pharmaceuticals wholesales prescription drugs, over-the-counter drugs, medical devices, chemical reagents, experiment equipment and glass wares.

History

Guangzhou Pharmaceuticals Corporation was founded in 1951. In January 2007 Alliance Boots agreed to acquire a 50 percent interest in Guangzhou Pharmaceuticals Corporation for £38 million, making it a 50:50 joint venture with Guangzhou Pharmaceutical Co., Ltd.

References

External links

Guangzhou Pharmaceuticals
Companies based in Guangzhou Pharmaceutical companies established in 1951 Chinese companies established in 1951 Pharmaceutical companies of China Chinese brands Pharmaceutical companies established in 2008 Chinese companies established in 2008 Chinese-foreign joint-venture companies Walgreens Boots Alliance {{PRChina-company-stub