Healthcare May 25, 2022 05:07 PM (GMT+8) · EqualOcean
On May 24, pharmacist Bang Co., Ltd. submitted the listing application to the main board of the Hong Kong stock exchange, with Goldman Sachs and CICC as the co sponsors. According to the prospectus, based on the total volume of commodity transactions (Gmv) in 2021, pharmacist Gang is the largest digital comprehensive service platform for China's out of hospital pharmaceutical industry. As the promoter of the digitization of the out of hospital medicine and medical service market, the pharmacist gang has taken the lead in using science and technology to connect and empower the upstream (including pharmaceutical enterprises and distributors) and downstream (including pharmacies and grass-roots medical institutions) to realize the reshaping transformation of digitization, standardization and scale of pharmaceutical transactions and services. Pharmacists help build a perfect ecosystem, which can gather and interact with all kinds of participants in the pharmaceutical value chain. The business model of pharmacist group focuses on platform business and self-supporting business, and is supplemented by a series of other innovative businesses. According to frost Sullivan, the total Gmv of the pharmacist Gang reached 27.5 billion yuan in 2021, with a compound annual growth rate of 42.9% since 2019. Both data ranked first in China's out of hospital digital pharmaceutical industry service platform. According to the same data, as of December 31, 2021, the pharmacists' gang has established the largest digital pharmaceutical trading and service network, including about 305000 downstream pharmacies and about 130000 primary medical institutions. In 2021, the pharmacist group had 256000 active buyers for months, ranking the highest among the digital pharmaceutical industry service platforms outside the hospital in China.

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