{"id":2276,"date":"2017-08-11T10:30:25","date_gmt":"2017-08-11T02:30:25","guid":{"rendered":"http:\/\/hkmvc.mediazone.com.hk\/?p=2276"},"modified":"2017-10-05T05:46:23","modified_gmt":"2017-10-05T05:46:23","slug":"medicine-sourcing-entrepreneur-poised-for-growth-lsb-hk-ltd","status":"publish","type":"post","link":"https:\/\/www.mediazone.com.hk\/hkmvc\/2017\/08\/11\/medicine-sourcing-entrepreneur-poised-for-growth-lsb-hk-ltd\/","title":{"rendered":"Medicine Sourcing Entrepreneur Poised for Growth | LSB (HK) LTD"},"content":{"rendered":"<h2>Bringing a host of new, proven medicines to the discerning Hong Kong market is no meant feat but thanks to LSB (HK) LTD that vision is becoming a reality.<\/h2>\n<hr \/>\n<p><span style=\"color: #000000;\">The company was established in 2003 with the mission of bringing more affordable medicine to the community and more options to healthcare professionals.\u00a0<\/span><\/p>\n<p><span style=\"color: #000000;\">Founder of the company Li Pui-wing (now also the chairman and director of the company) named the company LSB, in memory of his late father Li Sze-but.<\/span><\/p>\n<p><span style=\"color: #000000;\">\u201cLSB aims more exposure for both the corporate brand and company\u2019s product image to the greater China market \u2013 in response to the growing spending power of customers from the mainland,\u201d says Li.<\/span><\/p>\n<p><span style=\"color: #000000;\">\u201cWe differentiate ourselves by supplying high quality branded generics life-style products to customers. LSB is dynamic, flexible and customer oriented,\u201d he adds.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3487\" src=\"http:\/\/www.mediazone.com.hk\/hkmvc\/wp-content\/uploads\/2017\/08\/hkmvc18_LSB_AD.jpg\" alt=\"\" width=\"697\" height=\"852\" srcset=\"https:\/\/www.mediazone.com.hk\/hkmvc\/wp-content\/uploads\/2017\/08\/hkmvc18_LSB_AD.jpg 697w, https:\/\/www.mediazone.com.hk\/hkmvc\/wp-content\/uploads\/2017\/08\/hkmvc18_LSB_AD-600x733.jpg 600w, https:\/\/www.mediazone.com.hk\/hkmvc\/wp-content\/uploads\/2017\/08\/hkmvc18_LSB_AD-245x300.jpg 245w\" sizes=\"auto, (max-width: 697px) 100vw, 697px\" \/><\/p>\n<h3><span style=\"color: #000000;\">Consistency is Key <\/span><\/h3>\n<p><span style=\"color: #000000;\">Quality human resources remains an obstacle to serving the Hong Kong market, says Li. \u201cWe spent considerable effort in recruiting new members since the establishment. The challenge is to find committed people who are willing to share our vision of growth. We have a plan for gaining more market share for existing products and at the same time bring more new products to the market for bigger total sales turnover. Our success since inception is being humble, open-minded and consistent.\u201d According to Li, LSB;<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">Represents more than 20 PIC\/S GMP manufacturers in South Korea; <\/span><\/li>\n<li><span style=\"color: #000000;\">Certificate holder for more than 150 products covering different dosages and therapeutic classes; <\/span><\/li>\n<li><span style=\"color: #000000;\">Products with BE (bioequivalent) standard; <\/span><\/li>\n<li><span style=\"color: #000000;\">Distribution network reaches public and private hospitals, medical and veterinary clinics, group clinics, pharmacies, drugstores, individual doctors, named patients and elderly homes; <\/span><\/li>\n<li><span style=\"color: #000000;\">Dedicated experienced representatives taking care different customers\u2019 needs; <\/span><\/li>\n<li><span style=\"color: #000000;\">Full computerized system DAS 3.39 from inventory management, invoicing and goods distribution; <\/span><\/li>\n<li><span style=\"color: #000000;\">Awarded \u2018Caring Company\u2019 by The Hong Kong Council of Social Service (HKCSS).<\/span><\/li>\n<\/ul>\n<blockquote>\n<h3><span style=\"color: #008080;\"><em>\u201cWe differentiate ourselves by supplying high quality branded generics life-style products to customers.\u201d &#8211;\u00a0<\/em><em>Li Pui-wing Raymond<\/em><\/span><\/h3>\n<\/blockquote>\n<h3><span style=\"color: #000000;\">Better Value <\/span><\/h3>\n<p><span style=\"color: #000000;\">LSB emerged to be one of the fastest growing pharmaceutical companies in the industry. It represents major reputable principal manufacturers and provides a range of integrated market expansion services from registration, marketing, promotion and distribution.<\/span><\/p>\n<p><span style=\"color: #000000;\">\u201cWe provide full or selected services for our principal manufacturers:<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">Market research and product \/ competitor analysis; <\/span><\/li>\n<li><span style=\"color: #000000;\">On-going Hong Kong government tender award analysis; <\/span><\/li>\n<li><span style=\"color: #000000;\">Regulatory support for product registration in Hong Kong, Macau and mainland China market; <\/span><\/li>\n<li><span style=\"color: #000000;\">Brand building through online-marketing, telemarketing and awareness campaign, etc; <\/span><\/li>\n<li><span style=\"color: #000000;\">Full effort own-cost advertising and\/or sales promotion for demand creation; <\/span><\/li>\n<li><span style=\"color: #000000;\">Solid experiences in tender proceeding and procedures and hence maximizing turnover for strategic items; <\/span><\/li>\n<li><span style=\"color: #000000;\">Product certificate\/distributorship transfer for better value.\u201d<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\">\u201cWith the motto \u2014 we provide more options \u2013 the company invests in strengthening its position in the value chain by sourcing high quality affordable generic medicines,\u201d says Li.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3488\" src=\"http:\/\/www.mediazone.com.hk\/hkmvc\/wp-content\/uploads\/2017\/08\/hkmvc18_LSB_logo.jpg\" alt=\"\" width=\"250\" height=\"61\" \/><\/p>\n<p><span style=\"color: #000000;\">For additional information, please visit <a href=\"http:\/\/www.lsbhk.com\" target=\"_blank\" rel=\"noopener\"><strong>www.lsbhk.com<\/strong><\/a><\/span><\/p>\n<hr \/>\n<p>Hong Kong\u2019s Business Leaders share market and interest intelligence in the pages of HKMVC 2018<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bringing a host of new, proven medicines to the discerning Hong Kong market is no meant feat but thanks to LSB (HK) LTD that vision is becoming a reality. The company was established in 2003 with the mission of bringing more affordable medicine to the community and more options to healthcare professionals.\u00a0 Founder of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3489,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[250,109,298,55],"tags":[88],"class_list":["post-2276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health-product","category-healthcare","category-hkmvc-2018","category-services-awards","tag-healthcare","dropcap-y","no-lazy-placeholder"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Medicine Sourcing Entrepreneur Poised for Growth | LSB (HK) LTD - Mediazone&#039;s Hong Kong&#039;s Most Valuable Companies<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mediazone.com.hk\/hkmvc\/2017\/08\/11\/medicine-sourcing-entrepreneur-poised-for-growth-lsb-hk-ltd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Medicine Sourcing Entrepreneur Poised for Growth | LSB (HK) LTD - Mediazone&#039;s Hong Kong&#039;s Most Valuable Companies\" \/>\n<meta property=\"og:description\" content=\"Bringing a host of new, proven medicines to the discerning Hong Kong market is no meant feat but thanks to LSB (HK) LTD that vision is becoming a reality. 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