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Lakeside Establishes Partnership with Sinopharm Hubei for Pharmaceutical Logistics

Nov 25, 2024•8 months ago

Contract Type

partnership

IllinoisSupply Chain ManagementLogistics

Description

Lakeside Holding Limited, through its recently acquired company Hupan Pharmaceutical (Hubei) Co., Ltd., has established a partnership with Sinopharm Hubei Co., Ltd., a subsidiary of Sinopharm Group Co., Ltd., to provide essential medicine storage, transportation, and logistics services. This partnership strengthens Lakeside's market position in China's medical logistics sector and supports the growing demand for specialized logistics and supply chain solutions in China's healthcare market.

Company Information

Company

Lakeside Holding Limited

Location

Illinois, United States

About

Lakeside Holding Limited is a U.S.-based integrated cross-border supply chain solution provider with a strategic focus on the Asian market, including China and South Korea. Operating under the brand American Bear Logistics, they primarily provide customized cross-border ocean freight solutions.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months