Guangzhou Pharmaceuticals

Guangzhou Pharmaceuticals Corporation

Type	Joint venture
Industry	Pharmaceuticals
Founded	1951 (1951) (foundation) 2008 (2008) (as a joint venture with Alliance Boots)
Headquarters	Guangzhou, Guangdong, China
Area served	China
Key people	Jinghui Yu (President)
Revenue	RMB 16.9 billion
Owner	Walgreens Boots Alliance (50%) Guangzhou Pharmaceutical Holdings (50%)
Website	www.gzmpc.com/index_en.php

Guangzhou Pharmaceuticals Corporation (广州医药集团) is a pharmaceutical wholesaling and distribution company headquartered in Guangzhou, China, and a 50:50 joint venture between Walgreens Boots Alliance 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.

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.

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