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Chongqing Pharmaceutical (Group) Co., Ltd. ("CQP")—the likely intended entity—serves as a major pharmaceutical holding group in China with activities spanning pharmaceutical R&D, manufacturing of APIs/formulations/devices/biotech products, warehousing/logistics/distribution services for hospitals/pharmacies nationwide. It holds 19+ patents including those related to biotechnology and experimental cancer drugs. CQP reported annual revenue of $4.8 billion USD in 2019, maintains state-of-the-art GMP facilities exporting globally, and continues to expand through acquisitions such as Tasly Pharmaceuticals Inc.
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