Established in 1993 and headquartered in Hangzhou, China, Huadong Medicine is among China's top 10 listed pharmaceutical and medical companies, with more than 12,000 employees and revenue of about $5.3 billion in 2021. The company manufactures finished medicines, APIs and aesthetic medicine products, including immunosuppressant, antidiabetic, anti-infection and anti-tumor APIs, ADC toxins, and protected/modified nucleosides/nucleotides for oligonucleotide and mRNA drugs, with main products including mupirocin and tacrolimus.

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