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Hualan Biological Engineering Inc.

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Hualan Biological Engineering Inc. - Healthcare showcase

Year Founded & Workforce

1992

2,927 Employees

Industry

Healthcare

Services

Influenza VaccinePlasma Fractionation Market
H

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Hualan Biological Engineering Inc. Overview

Company Headquarters: China

Founded: 1992

Workforce: ~ 2,927

Company Working: Hualan is a pharmaceutical firm specializing in the production of direct or indirect contact injection pharmaceutical packaging materials. Hualan Biological Engineering Inc. (Hualan Bio) is a key National high-tech biopharmaceutical company in China engaging in the research, development, production, and commercialization of plasma products, viral vaccines, bacterial vaccines, and recombinant proteins and other biologics. Hualan Bio was the first company whose plasma products gained GMP certificate in China, the first listed company of plasma products, the first H1N1 Influenza Vaccine manufacturer in the whole world, the first influenza vaccine manufacturer passing WHO-PQ in China. Passing "ISO9000" (quality), "ISO14000" (environment) and "GBT28000" (occupational health) management system certification. As a major manufacturer for the plasma products and vaccines designated by national authorities, Hualan Bio is the largest manufacturer and provider for both plasma products and influenza vaccines in Asia. Hualan Bio is the leading company which has integrated the innovative R & D activities, state-of the-art technologies, scientific management styles and high standard quality control and assurance systems in China. The company has been undertaking research projects from national, provincial, and municipal organizations. In 2010, Hualan Bio formed a strategic alliance with the Chinese Academy of Sciences (CAS) and collaborates with several institutes for the discovery of innovative biologics. Recently, the R & D center at Hualan Bio was recognized as one of the National High-tech Center in China, which built the solid foundation for the development of novel products and future growth.

Strategy

Hualan Bio is committed to discover, develop, and deliver the best products and services to customers. The company aims to proactively fulfill the expanding needs of prophylactic products and biological products by conducting extensive research and development activities. Its mission is to have a positive influence on human healthcare and society.

Company Snapshot

$535.6M

Revenue

2,927

Employees

1992

Founded

China

Headquarters

SWOT Analysis

Strengths

  • First Chinese manufacturer whose influenza vaccine passed WHO pre-qualification

Threats

  • Increasing stringency of regulations

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Key Developments

DateApproachDevelopment
January 2019Project InitiationHualan Bio built a project for the development and industrialization of the quadrivalent influenza vaccine. The aim was to develop a new type of highly effective influenza vaccine by optimizing the preparation process of virus culture.
June 2018ApprovalHualan Bio received FDA approval for the production of quadrivalent influenza vaccine.

Product Offering

  • Hualan Biological Engineering Inc.
    • Influenza Vaccine
    • Plasma Fractionation Market

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 535.6 Mn in 2019 to USD 687.5 Mn in 2021.
Hualan Biological Engineering Inc. — By Business Segment
Series (USD Mn)201920202021
Sales535.6727.5687.5

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