About Pharmacies sector in China
The Pharmacies sector in China comprises 29 companies, including 18 funded companies having collectively raised $524M in venture capital money and private equity. Out of these, 10 are Series A+ funded.
Pharmacies sector in China has seen 1 acquisition and 8 IPOs. This represents almost 31.0% of all such companies - which is higher than the 5.4% exit rate of tech companies in general.
This sector includes companies that are focused primarily on retailing all types of prescription and over-the-counter pharmaceutical drugs, alternative medicines, and dietary supplements.
Pharmacy chains, standalone pharmacies, mail-order pharmacies, online pharmacy and supplement stores. Also includes alternative medicine stores, veterinary pharmacies, and vitamin and supplement stores. Retail companies with presence in drug retailing (ex. Walmart), Nuclear Pharmacies, Compounding Pharmacies, Pharmacy Benefit Managers, and Sports Nutrition and Functional Foods retail stores,
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Acquisitions
Top Pharmacies Companies in China
There are 29 Pharmacies startups in China which include LBX Pharmacy, Jo-Jo Drugstores, Watsons, Nanjing Pharmaceutical, Yifeng Pharmacy Chain. Out of these, 18 startups are funded, with 10 having secured Series A+ funding.
Here is the list of top Pharmacies startups in China
1. LBX Pharmacy
Key facts about LBX Pharmacy
- Founded Year: 2001
- Location: Changsha (China)
- Stage: Public
- Total Funding till date: $82M
- Investors: EQT, FountainVest Partners and 3 Others
- Latest Funding Round: Post IPO, Jun 24, 2020, $*****
- Tracxn Score: 48/100 What is this?
Provider of diversified pharmaceutical products and services. The company operates a chain of drugstores and offer prescription fulfillment services, as well as licensed physicians for consultation at multiple locations.
Key facts about Jo-Jo Drugstores
- Founded Year: 2006
- Location: Hangzhou (China)
- Stage: Public
- Latest Funding Round: Post IPO, Jun 03, 2020, $*****
- Tracxn Score: 46/100 What is this?
3. Watsons
Provider of health and beauty products and retail experiences. It offers a wide selection of products across various categories, including skincare, personal care, and wellness items. The company also provides in-store and online shopping experiences, aiming to create a holistic wellness environment for customers. Its retail locations feature various experiential zones and personalized services. The business model focuses on both offline and online channels, creating a seamless customer journey.
Key facts about Watsons
- Founded Year: 1828
- Location: Hong Kong (China)
- Stage: Unfunded
- Tracxn Score: 39/100 What is this?
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Key facts about Nanjing Pharmaceutical
- Founded Year: 1951
- Location: Nanjing (China)
- Stage: Public
- Investors: Addor Capital
- Tracxn Score: 33/100 What is this?
Key facts about Yifeng Pharmacy Chain
- Founded Year: 2001
- Location: Changsha (China)
- Stage: Seed
- Investors: Capital Today
- Latest Funding Round: Seed, Sep 2008, $*****
- Tracxn Score: 32/100 What is this?
Companies founded year-on-year in the Pharmacies sector in China
2 Pharmacies startups in China were founded in 2017 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | - |
2024 | - |
2023 | - |
2022 | - |
2021 | - |
2020 | 1 |
2019 | - |
2018 | 1 |
2017 | 2 |
2016 | 2 |
Stage-wise distribution of Pharmacies sector companies in China
Out of the total 29 Pharmacies companies in China, 18 have secured funding. Among them, 10 have reached Series A or higher, and 10 to Series B or beyond.
Founded - 29
Funded - 18
Series A+ - 10
Series B+ - 10
Series C+ - 10
Company Stage | No. of companies |
|---|---|
Founded | 29 |
Funded | 18 |
Series A+ | 10 |
Series B+ | 10 |
Series C+ | 10 |
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Funding Trends in the Pharmacies sector in China
Total funding year-on-year in the Pharmacies sector in China
The Pharmacies sector in China saw a total funding of more than $524M in the last 10 years. The most amount of funding was in 2017 at more than $418M.
- Total Funding
Year | Total Funding |
|---|---|
2023 | $2.95M |
2021 | - |
2020 | $9.75M |
2019 | $10M |
2017 | $418M |
Recent Funding Rounds in Pharmacies in China
In the year 2023, till January 2023, Pharmacies companies in China have raised $2.95M in equity funding across 1 round.
Here are some recent, important funding rounds in Pharmacies companies in China:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 4553 | Jan 10, 2023 | ||
Seed | 2606 | Sep 01, 2021 | ||
PE | 7325 | Dec 07, 2017 | ||
Seed | 3176 | Aug 21, 2012 | - | |
PE | 4048 | Oct 2008 |
Top Investors in Pharmacies in China
Japan Asia Investment is the top investor in Pharmacies companies in China based on number of companies invested.
Here are some top investors in Pharmacies companies in China:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Tokyo (Japan) | - | |
Amsterdam (Netherlands) | - | |
New York City (United States) | - | |
New York City (United States) | ||
Seoul (South Korea) | - |
M&A activity in Pharmacies sector in China
In the year 2023, till March 2023, 1 acquisition happened in Pharmacies sector in China.
Here are some recent, important acquisitions in Pharmacies sector in China:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Feb 13, 2023 |
Acquisition trends in Pharmacies sector in China
Here are the acquisition trends in Pharmacies sector in China:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | - |
2024 | - |
2023 | 1 |
2022 | - |
2021 | - |
2020 | - |
2019 | - |
2018 | - |
2017 | - |
2016 | - |
IPOs in Pharmacies in China
In the year 2015, till April 2015, 1 IPO happened in Pharmacies sector in China.
Here are some recent, important IPOs in Pharmacies sector in China:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Apr 24, 2015 | Shanghai Stock Exchange (SSE) | |
Jan 17, 2014 | Hong Kong Exchanges (HKG) | |
Apr 23, 2010 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Apr 14, 2010 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Nov 16, 2009 | OTC Markets (OTCMKTS) |
Top News in Pharmacies in China
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