Early Life and Education
Fan Xiulian was born in Mainland China in 1963. She graduated from South China University of Technology. Information regarding her early life is limited, she co-founded the precursor to Haisco with Mr. Wang Junmin in 2000.
Rise to Success
Fan Xiulian co-founded Xizang Haisco Pharmaceutical Group. Haisco went public in Shenzhen in January 2012. In 2007 she became vice chairperson. The company is known for a range of specialty pharmaceuticals, including those for anesthesia, oncology antiemetics, digestive care, antibiotics, and cardiovascular treatments. Haisco's A-shares surged 52% in one month in 2012. In 2012 sales were up 32% at $129 million. Fan's net worth surged in 2012 due to the strength in the drugmaker's shares, which rose to $1 billion. Fan owns 23% stake in Haisco.
Key Business Strategies
Haisco focuses on research and development, with a goal to help Chinese enjoy the same high-quality global pharmaceutical products. Fan stated, "Since our IPO in Shenzhen, we have really capitalized on the new influx of funds to help optimize our core competitiveness and help direct monies more efficiently into the most profitable product lines."
Philanthropy
In a rare local media interview, Fan was asked what prompted Haisco to donate three million yuan for the Yalong Cultural Festival in the Himalayan province. "Haisco was born and grew up in Tibet and is very reliant on the region's clean water and herbal gifts for our success."
