Quanyi Health

Quanyi Health is a leading integrated pharmaceutical retail and healthcare services provider in China, recognized for its aggressive acquisition-led growth strategy. Founded in 2016 and headquartered in Suzhou, the company operates a massive network of thousands of retail pharmacies across provinces such as Jiangsu, Zhejiang, and Sichuan. The company differentiates itself through a 'Direct-to-Patient' (DTP) pharmacy model and a strong focus on chronic disease management, leveraging digital platforms to enhance patient engagement and treatment adherence. In 2021, Quanyi Health was acquired by the global private equity firm PAG in a landmark transaction aimed at consolidating its market share and advancing its digital healthcare capabilities. The firm serves as a critical commercialization partner for pharmaceutical companies, facilitating the distribution of both traditional medicines and specialty biopharmaceuticals in the Chinese market.