The present invention relates to a pharmaceutical composition for treating thermal injuries and wounds combined with bone injuries. More specifically, the present invention relates to a pharmaceutical composition for treating thermal injuries and wounds combined with bone injuries characterized in consisting of 4%-12% beeswax and 88%-96% sesame oil extract containing such raw materials as Radix Scutellaria, Coptis Chinensis, Cortex Phellodendri, Pericarpium Papaveris and Lumbricus by weight based on the total weight of the said composition, wherein the content of Radix Scutellaria, Coptis Chinensis, Cortex Phellodendri, Pericarpium Papaveris or Lumbricus based on their dry weight is respectively 1%-6% of the total weight of sesame oil. The pharmaceutical composition of the present invention can treat thermal injuries involving human skin, subcutaneous tissues and bones, as well as involving bone wounds, especially open fractures, deep thermal injuries combined with bone injuries, and deep thermal injuries combined with bone necrosis caused by trauma, such as deep burns combined with bone injuries or bone necrosis.