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Jointown Pharmaceutical Group

Full company profile

uuid003hthz

Namestring
Jointown Pharmaceutical Group
Legal namestring
九州通医药集团股份有限公司
Websiteurl
jztey.com
Company typeenum
Public
Founded yearint
1999
Short descriptiontext

Jointown Pharmaceutical Group is a publicly listed Chinese pharmaceutical distributor and supply chain platform that integrates upstream drug and device manufacturers with downstream hospitals, pharmacies, e-commerce, and healthcare platforms through GSP-certified nationwide logistics infrastructure and proprietary B2B digital platforms including 药九九 and the 好药师 retail pharmacy brand.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersWuhan, China
HQ citystring
Wuhan
HQ countrystring
China
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
pharmaceutical distribution, pharmaceutical supply chain, medical device distribution, pharmaceutical logistics, drug retail pharmacy
Industry4 codes
1Full-Line Pharmaceutical Wholesalers
CodeHLAIAJAAPrimaryYes
2Pharmacy Benefit/Channel Services (PSAO, 340B Admin, Chargebacks/Rebates Ops)
CodeCRAOAHAKPrimaryNo
3Pharmaceutical & Life Sciences Warehousing (GDP-Compliant)
CodeTLAIACADPrimaryNo
4Pharmacy Logistics, Returns, Reverse Distribution & Compliance Services
CodeCRAOAHAJPrimaryNo
NAICS code2 codes
  • Drugs and Druggists' Sundries Merchant Wholesalers424210
  • Pharmaceutical Preparation Manufacturing325412
SIC code2 codes
  • Wholesale-Drugs, Proprietaries & Druggists' Sundries5122
  • Wholesale-Medical, Dental & Hospital Equipment & Supplies5047
Product category
Pharmaceutical Distribution and Supply Chain Services
No data
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model6 records
1Digital Pharmaceutical Distribution and Supply Chain
TypeTransaction Fee
Description

Core revenue stream. Company operates at the mid-stream of the pharmaceutical industry chain, integrating upstream pharmaceutical and medical device manufacturers and agents with downstream hospitals, pharmacies, e-commerce platforms, and distributors. Generates hundreds of billions in annual sales through transaction fees and logistics service fees.

jointown.com
2Total Brand Promotion (总代品牌推广)
TypeProfessional Services
Description

CSO-style brand promotion service based on new product strategy and full-category, full-channel resource advantages. Focuses on retail channels, product value identification and introduction, brand planning and operations, and full-lifecycle brand management. Generates billions in revenue from tens of thousands of pharmaceutical and device SKUs.

jointown.com
3Pharmaceutical Manufacturing and OEM
TypeHardware Sales
Description

Self-operated industrial products and OEM products developed using big data from the trillion-yuan supply chain platform. Covers Western medicine, traditional Chinese medicine, and medical devices, distributed through the full-channel sales network to terminal channels and C-end consumers.

jointown.com
4New Retail (医药新零售)
TypeTransaction Fee
Description

Retail business under the 好药师 brand covering direct-run chain stores, franchise expansion, specialty pharmacies, B2C online pharmacy, O2O instant retail, and health insurance. Generates billions from franchisee sales and hundreds of millions from B2C e-commerce total agency services.

jointown.com
5Healthcare and Technology Value-Added Services
TypeProfessional Services
Description

Medical diagnosis and health eldercare services, plus proprietary IT development providing technology empowerment and value-added services to customers. Generates hundreds of millions in sales from healthcare and technology services.

jointown.com
6Digital Logistics Technology and Supply Chain Solutions
TypeManaged Services
Description

Three-party logistics, pharmaceutical cold chain logistics, digital logistics and supply chain services, and intelligent logistics equipment support provided to industry and external customers. Generates hundreds of millions in sales from logistics and supply chain solutions.

jointown.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels6 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Brand1 of 3 records shown
1好药师 (Hao Yao Shi)
Description

Retail pharmacy brand for new retail business

jointown.com
+2 more records
Core offering1 text field

Jointown Pharmaceutical Group operates as a mid-stream pharmaceutical distribution and supply chain integrator in China, connecting upstream drug and medical device manufacturers and agents with downstream hospitals, pharmacies, e-commerce platforms, and distributors. The company runs six business segments: digital pharmaceutical distribution, total brand promotion (CSO), pharmaceutical manufacturing and OEM, new retail pharmacy under the 好药师 brand, healthcare and technology value-added services, and digital logistics and supply chain solutions, all supported by a nationwide GSP-certified warehouse, transportation, and digital intelligence network.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Revenue 1,193.27 billion yuan in Q1–Q3 2025, up 5.20% YoY
+3 more records
Product and service9 records
1Digital Pharmaceutical Distribution and Supply Chain
2Total Brand Promotion (CSO)
CategoryPharmaceutical brand services
Description

Brand promotion and CSO services based on a new product strategy and full-category, full-channel resource advantages, focused on retail channels, product value identification, brand planning and operations, and full-lifecycle brand management for pharmaceutical brands.

3Pharmaceutical Manufacturing and OEM
CategoryPharmaceutical manufacturing
Description

Self-operated pharmaceutical manufacturing and OEM business covering Western medicine, traditional Chinese medicine, and medical devices, developed using big data from the company's distribution platform and distributed through the full-channel sales network.

4New Retail Pharmacy (好药师)
CategoryRetail pharmacy
Description

Retail business under the 好药师 (Hao Yao Shi) brand covering direct-run chain stores, franchise expansion (万店加盟), specialty pharmacies, B2C online pharmacy, O2O instant retail, and health insurance.

5Healthcare and Technology Value-Added Services
CategoryHealthcare services and IT solutions
Description

Medical diagnosis, health management, and self-developed IT-enabled value-added services provided to customers as part of the supply chain platform.

6Digital Logistics and Supply Chain Solutions (九州通物流)
CategoryLogistics and supply chain solutions
Description

Nationwide three-network integration logistics supply chain system combining GSP-compliant storage networks, efficient transport networks, and digital intelligence information networks. Provides third-party logistics, pharmaceutical cold chain logistics, digital logistics services, and intelligent logistics equipment to industry and external customers.

7药九九 (Yao Jiu Jiu) B2B Platform
CategoryB2B digital trading platform
Description

B2B digital pharmaceutical trading platform enabling registered users to conduct pharmaceutical procurement, supply chain management, and digital sales. Reported over 40,000 registered users.

8好药师 (Hao Yao Shi) Retail Brand
CategoryRetail pharmacy brand
Description

Flagship retail pharmacy brand operating direct-run chain stores, franchise stores, specialty pharmacies, B2C online pharmacy, and O2O instant retail.

9珍药材 (Zhen Yao Cai) TCM Materials Platform
CategoryTCM materials trading
Description

Medicinal materials sourcing and trading platform enabling procurement and trade of traditional Chinese medicine materials.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Peers10 records
TypeOthers
Description

Major U.S. pharmaceutical distributor with global medical product distribution. Comparable to Jointown as a benchmark for full-line pharma distribution, healthcare supply chain services, and the strategic role of CSO and value-added services in offsetting low-margin wholesale economics.

TypeOthers
Description

North America's largest pharmaceutical distributor and healthcare services company. Comparable to Jointown as a global reference point for full-line pharmaceutical wholesaling, GSP-equivalent logistics, and CSO-style manufacturer services — though operating in a fundamentally different regulatory and reimbursement environment.

TypeEmerging player
Description

Online healthcare and pharmaceutical retail platform built on JD.com's logistics infrastructure. Comparable to Jointown's digital pharmacy, B2C, and O2O new retail initiatives, and similarly leverages proprietary logistics — but lacks Jointown's broad-line traditional wholesale franchise.

TypeBroad incumbent
Description

Major state-controlled pharmaceutical distributor and manufacturer in China. Comparable to Jointown across both pharmaceutical distribution and manufacturing/OEM, with a broader product portfolio and stronger manufacturing vertical integration but similar exposure to VBP-driven margin pressure.

TypeRegional player
Description

Leading Chinese TCM and healthcare products manufacturer with integrated distribution. Comparable to Jointown's TCM and healthcare product distribution, with strong consumer brand equity but a more upstream-focused business model.

TypeEmerging player
Description

Digital healthcare platform operating B2B pharmaceutical distribution, B2C pharmacy, and healthcare services. Comparable to Jointown's 药九九 B2B platform and 好药师 B2C pharmacy as a digital-native distribution disruptor, though with less traditional wholesale infrastructure.

TypeBroad incumbent
Description

China's largest state-owned pharmaceutical distributor and one of the world's biggest. Directly comparable to Jointown as a full-line pharmaceutical wholesaler serving hospitals, pharmacies, and manufacturers across China, but with materially larger scale, deeper tier-1 hospital penetration, and government procurement advantages.

TypeRegional player
Description

Major Chinese TCM manufacturer and distributor with growing pharmacy and distribution capabilities. Comparable to Jointown's TCM manufacturing (Jiuxin Chinese Medicine) and 珍药材 TCM trading platform as a TCM-focused participant in the same ecosystem.

TypeBroad incumbent
Description

State-owned pharmaceutical and healthcare distribution platform under China Resources. Competes with Jointown in hospital supply, retail pharmacy distribution, and pharmaceutical wholesale, with strong central-government backing and vertically integrated drug manufacturing.

TypeEmerging player
Description

Digital healthcare platform offering online consultations, B2C pharmacy, and healthcare value-added services. Comparable to Jointown's healthcare technology value-added services and online pharmacy segments, but focused on consumer-facing health services rather than wholesale distribution.

Market position
Customer concentration

Classification, Details

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries9 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment11 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Jointown Pharmaceutical Group

Pharmaceutical Distribution and Supply Chain Servicesjztey.com

Jointown Pharmaceutical Group is a publicly listed Chinese pharmaceutical distributor and supply chain platform that integrates upstream drug and device manufacturers with downstream hospitals, pharmacies, e-commerce, and healthcare platforms through GSP-certified nationwide logistics infrastructure and proprietary B2B digital platforms including 药九九 and the 好药师 retail pharmacy brand.

Jointown Pharmaceutical Group firmographics

Firmographics
Name
Jointown Pharmaceutical Group
Legal name
九州通医药集团股份有限公司
Website
https://jztey.com
Company type
Public
Founded year
1999
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Jointown Pharmaceutical Group is a publicly listed Chinese pharmaceutical distributor and supply chain platform that integrates upstream drug and device manufacturers with downstream hospitals, pharmacies, e-commerce, and healthcare platforms through GSP-certified nationwide logistics infrastructure and proprietary B2B digital platforms including 药九九 and the 好药师 retail pharmacy brand.
Ownership category
akta.pro rank

Jointown Pharmaceutical Group industry classification

Industry
Product category
Pharmaceutical Distribution and Supply Chain Services
NAICS
Drugs and Druggists' Sundries Merchant Wholesalers (424210), Pharmaceutical Preparation Manufacturing (325412)
SIC
Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122), Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047)
akta.pro primary industry
Full-Line Pharmaceutical Wholesalers (HLAIAJAA)
akta.pro secondary industries
Pharmacy Benefit/Channel Services (PSAO, 340B Admin, Chargebacks/Rebates Ops) (CRAOAHAK), Pharmaceutical & Life Sciences Warehousing (GDP-Compliant) (TLAIACAD), Pharmacy Logistics, Returns, Reverse Distribution & Compliance Services (CRAOAHAJ)

Keywords

  • Pharmaceutical distribution
  • Pharmaceutical supply chain
  • Medical device distribution
  • Pharmaceutical logistics
  • Drug retail pharmacy

Where Jointown Pharmaceutical Group is headquartered

Location

Headquarters

HQ city
Wuhan
HQ country
China
HQ region
Asia

Offices1 record

Markets served

Jointown Pharmaceutical Group business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

  1. Digital Pharmaceutical Distribution and Supply Chain: Core revenue stream. Company operates at the mid-stream of the pharmaceutical industry chain, integrating upstream pharmaceutical and medical device manufacturers and agents with downstream hospitals, pharmacies, e-commerce platforms, and distributors. Generates hundreds of billions in annual sales through transaction fees and logistics service fees.
  2. Total Brand Promotion (总代品牌推广): CSO-style brand promotion service based on new product strategy and full-category, full-channel resource advantages. Focuses on retail channels, product value identification and introduction, brand planning and operations, and full-lifecycle brand management. Generates billions in revenue from tens of thousands of pharmaceutical and device SKUs.
  3. Pharmaceutical Manufacturing and OEM: Self-operated industrial products and OEM products developed using big data from the trillion-yuan supply chain platform. Covers Western medicine, traditional Chinese medicine, and medical devices, distributed through the full-channel sales network to terminal channels and C-end consumers.
  4. New Retail (医药新零售): Retail business under the 好药师 brand covering direct-run chain stores, franchise expansion, specialty pharmacies, B2C online pharmacy, O2O instant retail, and health insurance. Generates billions from franchisee sales and hundreds of millions from B2C e-commerce total agency services.
  5. Healthcare and Technology Value-Added Services: Medical diagnosis and health eldercare services, plus proprietary IT development providing technology empowerment and value-added services to customers. Generates hundreds of millions in sales from healthcare and technology services.
  6. Digital Logistics Technology and Supply Chain Solutions: Three-party logistics, pharmaceutical cold chain logistics, digital logistics and supply chain services, and intelligent logistics equipment support provided to industry and external customers. Generates hundreds of millions in sales from logistics and supply chain solutions.

Go-to-market motion2 records

Distribution channels6 records

Marketing channels4 records

Jointown Pharmaceutical Group product offering

Product offering

Core offering

Jointown Pharmaceutical Group operates as a mid-stream pharmaceutical distribution and supply chain integrator in China, connecting upstream drug and medical device manufacturers and agents with downstream hospitals, pharmacies, e-commerce platforms, and distributors. The company runs six business segments: digital pharmaceutical distribution, total brand promotion (CSO), pharmaceutical manufacturing and OEM, new retail pharmacy under the 好药师 brand, healthcare and technology value-added services, and digital logistics and supply chain solutions, all supported by a nationwide GSP-certified warehouse, transportation, and digital intelligence network.

Differentiator

Problem solved

Functional benefit

Brands

  • 好药师 (Hao Yao Shi): Retail pharmacy brand for new retail business
  • 药九九
  • 全擎健康

Products and services

  • Digital Pharmaceutical Distribution and Supply Chain
  • Total Brand Promotion (CSO) Brand promotion and CSO services based on a new product strategy and full-category, full-channel resource advantages, focused on retail channels, product value identification, brand planning and operations, and full-lifecycle brand management for pharmaceutical brands.
  • Pharmaceutical Manufacturing and OEM Self-operated pharmaceutical manufacturing and OEM business covering Western medicine, traditional Chinese medicine, and medical devices, developed using big data from the company's distribution platform and distributed through the full-channel sales network.
  • New Retail Pharmacy (好药师) Retail business under the 好药师 (Hao Yao Shi) brand covering direct-run chain stores, franchise expansion (万店加盟), specialty pharmacies, B2C online pharmacy, O2O instant retail, and health insurance.
  • Healthcare and Technology Value-Added Services Medical diagnosis, health management, and self-developed IT-enabled value-added services provided to customers as part of the supply chain platform.
  • Digital Logistics and Supply Chain Solutions (九州通物流) Nationwide three-network integration logistics supply chain system combining GSP-compliant storage networks, efficient transport networks, and digital intelligence information networks. Provides third-party logistics, pharmaceutical cold chain logistics, digital logistics services, and intelligent logistics equipment to industry and external customers.
  • 药九九 (Yao Jiu Jiu) B2B Platform B2B digital pharmaceutical trading platform enabling registered users to conduct pharmaceutical procurement, supply chain management, and digital sales. Reported over 40,000 registered users.
  • 好药师 (Hao Yao Shi) Retail Brand Flagship retail pharmacy brand operating direct-run chain stores, franchise stores, specialty pharmacies, B2C online pharmacy, and O2O instant retail.
  • 珍药材 (Zhen Yao Cai) TCM Materials Platform Medicinal materials sourcing and trading platform enabling procurement and trade of traditional Chinese medicine materials.

Quantifiable outcome

  • Revenue 1,193.27 billion yuan in Q1–Q3 2025, up 5.20% YoY
  • +3 more outcomes

Companies that use Jointown Pharmaceutical Group

Customer profile

Segments5 records

Ideal customer profiles5 records

Jointown Pharmaceutical Group technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Jointown Pharmaceutical Group partnerships and signals

Strategic signal

Scale indicators6 records

Jointown Pharmaceutical Group competitors and assessment

Company assessment

Others

  • Cardinal Health: Major U.S. pharmaceutical distributor with global medical product distribution. Comparable to Jointown as a benchmark for full-line pharma distribution, healthcare supply chain services, and the strategic role of CSO and value-added services in offsetting low-margin wholesale economics.
  • McKesson Corporation: North America's largest pharmaceutical distributor and healthcare services company. Comparable to Jointown as a global reference point for full-line pharmaceutical wholesaling, GSP-equivalent logistics, and CSO-style manufacturer services — though operating in a fundamentally different regulatory and reimbursement environment.

Emerging players

  • JD Health International: Online healthcare and pharmaceutical retail platform built on JD.com's logistics infrastructure. Comparable to Jointown's digital pharmacy, B2C, and O2O new retail initiatives, and similarly leverages proprietary logistics — but lacks Jointown's broad-line traditional wholesale franchise.
  • Alibaba Health Information Technology: Digital healthcare platform operating B2B pharmaceutical distribution, B2C pharmacy, and healthcare services. Comparable to Jointown's 药九九 B2B platform and 好药师 B2C pharmacy as a digital-native distribution disruptor, though with less traditional wholesale infrastructure.
  • Ping An Healthcare and Technology (Good Doctor): Digital healthcare platform offering online consultations, B2C pharmacy, and healthcare value-added services. Comparable to Jointown's healthcare technology value-added services and online pharmacy segments, but focused on consumer-facing health services rather than wholesale distribution.

Broad incumbents

  • Shanghai Pharmaceuticals Holding: Major state-controlled pharmaceutical distributor and manufacturer in China. Comparable to Jointown across both pharmaceutical distribution and manufacturing/OEM, with a broader product portfolio and stronger manufacturing vertical integration but similar exposure to VBP-driven margin pressure.
  • Sinopharm Group: China's largest state-owned pharmaceutical distributor and one of the world's biggest. Directly comparable to Jointown as a full-line pharmaceutical wholesaler serving hospitals, pharmacies, and manufacturers across China, but with materially larger scale, deeper tier-1 hospital penetration, and government procurement advantages.
  • China Resources Pharmaceutical Group: State-owned pharmaceutical and healthcare distribution platform under China Resources. Competes with Jointown in hospital supply, retail pharmacy distribution, and pharmaceutical wholesale, with strong central-government backing and vertically integrated drug manufacturing.

Regional players

  • Yunnan Baiyao Group: Leading Chinese TCM and healthcare products manufacturer with integrated distribution. Comparable to Jointown's TCM and healthcare product distribution, with strong consumer brand equity but a more upstream-focused business model.
  • Yiling Pharmaceutical: Major Chinese TCM manufacturer and distributor with growing pharmacy and distribution capabilities. Comparable to Jointown's TCM manufacturing (Jiuxin Chinese Medicine) and 珍药材 TCM trading platform as a TCM-focused participant in the same ecosystem.

Market position

Customer concentration

Jointown Pharmaceutical Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Jointown Pharmaceutical Group leadership team

Management profile

Number of profiles

Profiles1 record

Jointown Pharmaceutical Group subsidiaries and ownership

Company hierarchy

Subsidiaries9 records

Jointown Pharmaceutical Group funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Jointown Pharmaceutical Group M&A and investment

M&A and investment

M&A

Investments11 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jointown Pharmaceutical Group

What does Jointown Pharmaceutical Group do?

Jointown Pharmaceutical Group operates as a mid-stream pharmaceutical distribution and supply chain integrator in China, connecting upstream drug and medical device manufacturers and agents with downstream hospitals, pharmacies, e-commerce platforms, and distributors. The company runs six business segments: digital pharmaceutical distribution, total brand promotion (CSO), pharmaceutical manufacturing and OEM, new retail pharmacy under the 好药师 brand, healthcare and technology value-added services, and digital logistics and supply chain solutions, all supported by a nationwide GSP-certified warehouse, transportation, and digital intelligence network.

Is Jointown Pharmaceutical Group a public or private company?

Jointown Pharmaceutical Group is a public company. It is classified as public and is currently operating.

When was Jointown Pharmaceutical Group founded?

Jointown Pharmaceutical Group was founded in 1999. It employs 5,001 to 10,000 people.

Where is Jointown Pharmaceutical Group based?

Jointown Pharmaceutical Group is headquartered in Wuhan, China, in the Asia region.

How does Jointown Pharmaceutical Group make money?

Six revenue lines are on record. Digital Pharmaceutical Distribution and Supply Chain is the primary driver. The others are total Brand Promotion (总代品牌推广), pharmaceutical Manufacturing and OEM, new Retail (医药新零售), healthcare and Technology Value-Added Services and digital Logistics Technology and Supply Chain Solutions.

Who are Jointown Pharmaceutical Group's main competitors?

Others on record are Cardinal Health and McKesson Corporation. Emerging players are JD Health International, Alibaba Health Information Technology and Ping An Healthcare and Technology (Good Doctor). Broad incumbents are Shanghai Pharmaceuticals Holding, Sinopharm Group and China Resources Pharmaceutical Group. Regional players are Yunnan Baiyao Group and Yiling Pharmaceutical.

Does Jointown Pharmaceutical Group have an API?

No public API is recorded for Jointown Pharmaceutical Group.

What industry is Jointown Pharmaceutical Group in?

Jointown Pharmaceutical Group's product category is Pharmaceutical Distribution and Supply Chain Services. Its primary akta.pro industry code is HLAIAJAA, Full-Line Pharmaceutical Wholesalers, with a secondary code of CRAOAHAK, Pharmacy Benefit/Channel Services (PSAO, 340B Admin, Chargebacks/Rebates Ops). Its NAICS code is 424210 and its SIC code is 5122.

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Live signals
BenzingaSlowing Revenue Growth Hurts Online Drug Platform YSB - ALIBABA HEALTH UNSP/ADR by Alibaba Health InformaYSB Inc. (9885.HK), a B2B online pharmaceutical trading platform, reported its first annual results since listing on the Hong Kong Stock Exchange, posting an adjusted profit of 131 million yuan in 2023 versus a 125 million yuan loss in 2022, with operating income rising 18.9% to 16.97 billion yuan. Despite the healthier underlying numbers, YSB's shares plunged 9.1% the day after results and have fallen to roughly half their IPO price of HK$20, as investors focused on a decelerating revenue growth rate (down from 63.7% in 2021 to 18.9% in 2023) and intensifying competition from major pharmaceutical distributors and internet giants JD Health, Jointown Pharmaceutical, and Shanghai Pharmaceuticals, all of which have launched B2B pharma platforms. YSB's proprietary drug distribution business, its main revenue source, carries a thin gross margin of 6.1%, and the company continues to face pressure on earnings and market positioning in an increasingly crowded niche.PR NewswireNippon Express (China) Inks MOU on Logistics Business Partnership with Jointown Pharmaceutical Group LogisticsNippon Express (China) Co., Ltd., a subsidiary of Nippon Express Co., Ltd., signed a memorandum of understanding on December 18, 2020, establishing a business partnership with Jointown Pharmaceutical Group Logistics Co., Ltd. (JPG Logistics), a member of Jointown Pharmaceutical Group Co., Ltd., a major Chinese pharmaceutical distributor. The partnership enables Nippon Express to offer pharmaceutical logistics services that comply with China's Good Supplying Practice (GSP) standards, which restrict foreign participation in certain pharmaceutical logistics operations, by combining its global network with JPG's domestic transport network. Nippon Express stated it will continue upgrading its services to meet increasingly sophisticated pharmaceutical transport needs as the pharmaceutical industry is positioned as a priority sector in its corporate strategy.