Will the fire in the Lifeon pharmaceutical warehouse affect the sales of related products?
At around 9:30 am on April 21, a warehouse fire broke out in the Lifeon Pharmaceutical Factory area west of the intersection of Hefei Science Avenue and Wangjiang West Road. After the incident, dozens of fire trucks rushed to the scene to support and stand by. At noon on the 21st, the reporter learned from the Hefei Fire Department that the fire that broke out in the pharmaceutical factory at around 9:30 am on the 21st was successfully put under control by firefighters at around 10:30.
At around 10:30 am on the 21st, reporters from Xin'an Evening News, Anhui Net, and Dayan News saw at the Lifang Pharmaceutical Factory that there were 4 fire trucks parked in front of the factory gate, and firefighters were laying fire hoses and extinguishing fires. It is reported that the on-site burning materials are cardboard boxes, aluminum foil, pvc and raw materials.
Since the fire occurred in the pharmaceutical factory, as of 11:17 on the 21st, on Wangjiang West Road outside the factory, dozens of fire trucks of various types had been gathered to support standby, including heavy main battle fire trucks. Elevating jet fire trucks, fire-fighting robots, etc.; at the south gate to the west of the pharmaceutical factory, 4 fire-fighting water pipes were laid. Many firefighters are fighting the fire in the factory area, and the fire has been controlled.
At 11:58 noon, according to an orderly worker at the Cube Pharmaceutical Factory, the fire had been brought under control. The fire broke out in the factory warehouse of the pharmaceutical factory. "It was a bungalow," and no one was trapped or killed. As for the fire. For the relevant situation, the staff member stated that the specific situation is subject to their announcement. As for the cause of the fire, the staff member said: "It is not yet clear."
At present, the fire department is further investigating the cause of the fire.
On the 21st, Lifang Pharmaceutical issued an announcement that the company's factory warehouse at No. 522 Wangjiang West Road, Hefei City had a fire accident. After the fire broke out, the company immediately activated an emergency plan to quickly evacuate people to prevent the fire from spreading, and actively cooperated with firefighters to carry out extinguishing work. The fire on the spot was effectively controlled and completely extinguished. No casualties were found after confirmation on the spot. The fire is not expected to affect the sales of related products.
About Lifeon Pharmaceutical
Public information shows that Lifeon Pharmaceutical was listed on the SME Board of the Shenzhen Stock Exchange on December 15 last year, with the stock code 003020 and the issue price of 23.13 yuan per share. On the 21st, Lifang Pharmaceutical closed at 37.1 yuan per share, with a market value of 3.437 billion yuan.
According to reports, Hefei Lifeon Pharmaceutical Co., Ltd. was founded in 2002, and its main industrial products involve cardiovascular drugs, digestive system drugs, skin external drugs, endocrine system drugs and other fields. Lifang Pharmaceutical owns 4 industrial enterprises, 1 pharmaceutical commercial enterprise and 1 pharmaceutical retail chain enterprise.
Looking for chemical products? Let suppliers reach out to you!
2026-07-09
-
Life Sciences Industry Overview
The coverage spans the global life sciences industry across pharmaceuticals and food & nutrition, tracking the shift from lowest-cost sourcing to supply continuity, quality, and risk management, along with product trends and the growing edge of differentiated, globally capable players.Published in: June.2026
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Roche Keeps German Diagnostics Investment
-
India Raises Cancer Drug Price Caps by 50%
-
Pfizer Warns Germany Over Drug-Pricing Policy
-
BASF Raises API and Excipient Prices
-
U.S. Onshoring Debate Exposes API Raw-Material Gap
-
Pharmaceutical Tariffs Put Ingredients Back in Focus
-
IPEC Updates Excipient Qualification Guidance
-
West Asia Tensions Squeeze Pharma Raw Materials
-
McKinsey Pays to Close a Purdue Liability Chapter
-
AstraZeneca India Eyes ₹3,400 Crore Bengaluru Sale
Recommend Reading
-
Iran Conflict Leaves a Long Shadow on Drug Supply
-
Sun Pharma’s Organon Bid Would Redraw Indian Pharma M&A
-
Amazon Turns Lilly’s Weight-Loss Pill Into a Retail Logistics Play
-
Merck to Lay Off 150 Workers at US Gardasil Plant Amid Sales Weakness
-
Lilly’s U.S. API Investment Highlights a New Phase of Pharma Supply Localization
-
Evonik Completes Shift to Green Electricity for Polybutadiene Production at its Marl, Germany, Plant
-
Methanol market prices rise significantly in China
-
L'Oréal's Performance in the First Half of 2025 Was Solid: Growth Across All Business Lines and Continued Improvement in Profit Margins
-
Ethylene Glycol Prices Recently Stop Declining—Beware of a Downward Spiral Triggered by a Sharp Drop in Crude Oil Prices
-
Both Cost and Demand Weaken, PTA Prices Slightly Decline