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Sinopharm CNMC Signs Strategic Cooperation Agreement with Lundbeck

Post Time:2018-05-17 [Large Middle Small] View:

On January 9, 2018,China National Medicines Corporation Ltd. (Sinopharm CNMC) held the signing ceremony of strategic cooperation with Denish H. Lundbeck A/S (Lundbeck). Present at the ceremony were General Manager Li Zhigang, Deputy-General Manager Ye Tong, Assistant General Manager Wu Jie, Assistant General Manager Xiao Zhuoyuan, Deputy General Manager of National Marketing Center Li Lanying from Sinopharm CNMC and President of China region Søren, Vice President Liu Chang, Commercial Director Wang Liang from Lundbeck. The ceremony was hosted by Yang Hong, Deputy Director of Import and JV Procurement Department of Sinopharm CNMC

Founded in 1915, located in Copenhagen, and developed for 102 years, Lundbeck is a global pharmaceutical company committed to improved treatments for psychiatric and neurological disorders, and has been engaging in the cutting edge of neurological R&D for more than 70 years with a wealth of experience. Sinopharm CNMC, obtaining the Drug Import Registration Certificate on Nov, 11, 2017 for Lundbeck’s newly launched depression targeted product Brintellix®, is the importer and distributor of Brintellix® across China.

Lundbeck’s President Søren delivered a speech at the ceremony, pointing out that Lundbeck had lofty expectations for Brintellix® as it was the pillar product dominating the anti-depressant market and efforts had been made in determining a strategic cooperation partner. Lundbeck found Sinopharm CNMC eminently suitable as it impressed Lundbeck with the ability to import, the network for marketing and sales and permission of CNMC into hospitals. Søren thought it was the very juncture to sign with Sinopharm CNMC, inspiring and meaningful.

General Manager Li Zhigang spoke of Sinopharm CNMC’ long-term commitment and long-term plan to establishing a professional business model covering the whole supply chain from import tax declaration, drug inspection to distribution into the markets. Furthermore, Sinopharm CNMC had long been working to provide one-stop and all-around assisting services for those growing and specialized companies; Lundbeck was a world-class company that met their expectations. Li addressed that today’s signing ceremony was the first step of cooperation among the many to come. Both sides would jointly translate the agreed terms into practice and make it successful. (Reported by Sinopharm CNMC).