PKU Healthcare Co., Ltd. formerly known as PKU International Healthcare Group Southwest Pharmaceutical Co., Ltd., is a Chinese pharmaceutical company. The major shareholder was PKU Healthcare Group, a subsidiary of PKU Founder Group. PKU Founder Group itself is a subsidiary of Peking University, in turn making the listed company a state-owned enterprise by broader definition.
History
PKU International Healthcare Group Southwest Pharmaceutical Co., Ltd. known also as Southwest Synthetic Pharmaceuticals, is an indirect subsidiary of Peking University since 2003. In 2013 the company was renamed into PKU Healthcare Corp., Ltd. .[1]
Foundation (1993–2003)
Southwest Synthetic Pharmaceutical Co., Ltd. was incorporated on 18 May 1993 as a subsidiary of Southwest Synthetic Pharmaceutical Factory, which was owned by Chongqing Municipal People's Government. The factory itself was founded in 1965.
Due to financial difficulties, 1.26% shares of the listed company was acquired by Sichuan No.2 Electric Power Construction in 2001 from the parent entity (Southwest Synthetic Pharmaceutical Factory).