Recently, Beijing Beilu Pharmaceutical Co., Ltd.'s contrast agent production linepassed the GMP (Good Manufacturing Practice) certification by Brazil's National Health Surveillance Agency (ANVISA).
Brazil is the largest country in South America. Beilu Pharmaceutical's successful passing of the Brazil's ANVISA GMP certification this time has created conditions for the company's contrast agent products to successfully enter the Brazilian market and has a very positive effect on the company further expanding the Brazilian market and other international markets.In the first three quarters of 2024, Beilu Pharmaceutical's overseas market business progressed smoothly, with continuous growth in overseas revenue. While the pace of overseas registration for contrast agent products is accelerating, Hichi Pharmaceuticals' iodine APIs continue to expand in the overseas market, and gadolinium APIs produced by the Cangzhou subsidiary are also gradually achieving internationalization. At present, the company's products have been sold to 26 countries, with additional registrations ongoing in 30 other countries or regions. As the company successfully passes the ANVISA GMP certification, the competitiveness of its products in international markets will be further enhanced, and the pace of internationalization is expected to accelerate.