Zhejiang Huafang Pharmaceutical Co., Ltd formerly Zhejiang Huangyan Sifang Chemical Factory, founded in September 1993, November 2007 changed its name to Zhejiang Fang Pharmaceutical Co., Ltd. Founded in June 2015 Zhejiang Pharmaceutical Co., Ltd., in November 2015 in the three new board officially listed (code 833776). The company is headquartered in Zhejiang Huangyan Economic Development Zone, Jiangkou lightweight Investment Zone, covers an area of 46666.9m2, construction area of 32009 m2, the total assets of 300 million yuan, 150 million yuan in fixed assets. In 2005, Shandong Weifang Shandong invested 160 million established four subsidiaries. Company employees 450 people, including technical personnel more than 180 people.
Company for the state high-tech enterprises, with the provincial high-tech research and development centers, Taizhou academician workstation. Company and Lanzhou University, Shenyang Pharmaceutical University, East China University of Technology, Fudan University, Zhejiang University, Zhejiang University and other institutions of higher learning established long-term cooperative relationship. Companies included in the national technological innovation fund a project, the State Torch Program 3, a national key new products, high-tech products 9 provincial and municipal high-tech products 6, 7 invention patents, continuous eleven was named Huangyan District top 100 enterprises.