1. Junshi Life Science and Technology: Junshi is a Singapore pharmaceutical company, and its chain pharmacy brand Jundao Health has opened stores in many places in China. However, due to various reasons such as poor management, backward sales model and unsatisfactory business development, Jundao finally withdrew from the China market healthily.
2.GNC:GNC is a chain health food and nutritional health products sales company from the United States, and its chain pharmacy brand GNC has opened stores in many places in China. However, due to substandard sales and epidemic situation, GNC announced the closure of all its stores in Chinese mainland in March 2020. It is not common for foreign companies to close chain pharmacies in China. Domestic and foreign enterprises still have great potential and attraction in the development of China pharmaceutical market.