Fosun International, led by Shanghai billionaire Guo Guangchang, has long made a name for itself through international partnerships and investments. Fosun Pharma in 2017 also made an international push through the acquisition of Gland Pharma in India. I exchanged with Fosun Pharma Chairman Chen Qiyu recently about trends in the pharmaceutical industry and how India fits into his business. A. Fosun Pharma completed the acquisition of a 74% stake of Indian company Gland Pharma (last year). Fosun Pharma will accelerate the development pace of Gland Pharma by bringing R&D advantages and introducing innovative drugs.

Source: Forbes September 18, 2018 03:29 UTC