Fortune Pharmacal Explained

Fortune Pharmacal
Type:Private
Industry:Pharmaceutical drugs
Predecessors:-->
Successors:-->
Founder:Lai Yung-kwoon
Hq Location:Chai Wan, Hong Kong
Areas Served:-->
Owners:-->

Fortune Pharmacal is a Hong Kong pharmaceutical company founded in 1954. The company's products, which are manufactured in Hong Kong, are marketed in Hong Kong, China, Canada, and the United States.

History

The company was founded in 1954 by Lai Yung-kwoon. His son, William Lai Yuen-fai, later took over as CEO.[1]

Production

The company's products are manufactured in Chai Wan. A new factory is scheduled to open in Yuen Long Industrial Estate in 2020.[2]

Notes and References

  1. News: Warm-hearted cold tablet king gifts $1m . South China Morning Post . 29 November 1992.
  2. News: Lee . Hoi-tsing . 7年前接手家族生意 改革管理 幸福醫藥63歲CEO仍有火 為衝出香港打拼 . . 13 May 2019 .