| Issue |
SHS Web Conf.
Volume 207, 2024
2024 2nd International Conference on Digital Economy and Business Administration (ICDEBA 2024)
|
|
|---|---|---|
| Article Number | 04023 | |
| Number of page(s) | 8 | |
| Section | Global Trends, Public Policy, and Social Development | |
| DOI | https://doi.org/10.1051/shsconf/202420704023 | |
| Published online | 10 December 2024 | |
Research on Mergers and Acquisitions and Development Trends in the Pharmaceutical Industry of State-owned Enterprises
Business School, NingboTech University, 315100, Ningbo, China
* Corresponding author: fantingming@ldy.edu.rs
In recent years, Chinese state-owned enterprises have been continuously acquiring medical industry companies, aiming to improve the quality and efficiency of medical services through resource integration and technological innovation, and meet the growing health needs of the people. Therefore, this paper mainly aims to explore the results of Mergers and Acquisitions (M&A) of companies in the pharmaceutical area. It studies the characteristics and the effects of M&A of CR Pharma, Sinopharm, and Genertec. It finds out that they are a success, which reflects the motivation and strategic intention behind it. Their profits have continued to rise after M&A in general in recent years. In conclusion, consolidation has sparked several revolutionary developments that have improved market positioning, realigned strategy, and increased financial performance. Despite ongoing difficulties, these companies’ proactive effort to resolve these problems points to a bright future in the fast-paced pharmaceutical industry. The trend of M&A will continue, and the direction of M&A will also be adjusted according to the pace of economic development.
© The Authors, published by EDP Sciences, 2024
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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