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China Nepstar Pharmacy Chain Files for IPO


10/18/2007 2:03:25 PM

October 18, 2007 -- China Nepstar, the largest drugstore chain in China, filed to make its IPO on the NYSE, seeking to raise up to $250 million. China Nepstar is growing fast, with a CAGR of 43.4% from 2004 to 2006. It now operates 1,791 stores in 62 cities, up from 668 stores in 2004. Although Nepstar is the biggest chain in China, it represents less than .5% of all the retail non-hospital pharmacies. More details...

Read at ChinaBio Today

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