October 27, 2015
FarmaSino: Adding value for end users
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FarmaSino Pharmaceuticals (Jiangsu) Co., Ltd ("FarmaSino") is one of the key subsidiaries of HIGH HOPE International Group, which is among the top 500 companies in China.
The conglomerate has businesses including real estate, shipping, and exports of toys and clothings. Its pharmaceutical subsidiary FarmaSino recently ventured into the feed additive business. FarmaSino's main feed additive businesses are amino acids, vitamins and veterinary premixes, and it also distributes phosphate and pigment products.
For its amino acid and vitamin businesses, it serves large producers such as Shandong Shouguang Juneng Golden Corn Co., Ltd. and Meihua Group. The company says that it adds value for end users by providing more services like financial support with more flexible credit terms. Moreover, while producers often revise their prices three or more times a week, FarmaSino is able to commit its price offers to end users for at least one week. Stock quantities can also be efficiently fulfilled to meet end users' production needs.
For its veterinary premixes and finished drugs, FarmaSino has a production plant in Anhui province, which converts pure-grade APIs to premix form. The products are FAMI-QS certified.
The company has plans to expand its range of veterinary premix products, such as zinc bacitracin, but it will evaluate the market situation first.
Currently, the key markets for FarmaSino's veterinary premix products are South America, Southeast Asia and Russia, as the company seeks to explore new markets with most European countries having forbidden antibiotics for feed use.
FarmaSino will be exhibiting at the International Production & Processing Expo (IPPE) to be held next January in Atlanta, Georgia, US, as it seeks new opportunities in the South American market.