BioRay Pharmaceutical

BioRay is a commercial-stage biopharmaceutical company in China focusing on immune-mediated diseases and cancer.

Business Model:

Revenue: $0

Employees: 0-0

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Detailed BioRay Pharmaceutical Information

Geographic Data

BioRay Pharmaceutical headquarters map

Address: Shugang Avenue, Haimen Street

City: Taizhou City

State: zhejiang province

Zip: 318001

Country: CN

Financial Info

Stage:

Raised Last:

$540M

Raised Total:

$218M

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Description

BioRay is a commercial-stage biopharmaceutical company with a full suite of end-to-end capabilities in China, focusing on discovering, developing, manufacturing and commercializing medicines for immune-mediated diseases and cancer. As a pioneer in China’s biopharmaceutical industry, BioRay started the R&a;D of biological therapeutics in 2003 as a core business division of Hisun Pharmaceutical, a specialty comprehensive pharmaceutical group founded in 1956. In 2019, PAG, a leading Asia-focused private equity firm, acquired control of BioRay with an investment of RMB3.8B (USD$540M for 58% ownership), making it one of the largest PE investments in Asia’s biotechnology history. Currently, we have over 1,000 employees worldwide committed to delivering life-changing treatments for patients living with immune-mediated diseases and cancer. We operate three R&a;D and manufacturing centres in Taizhou and Hangzhou, China and San Diego, US, and have industry-leading commercial-scale manufacturing capacity, full-spectrum R&a;D capabilities from drug discovery to formulation, more than fifteen on-going clinical programs, and well-established nationwide commercial operations covering three marketed products in China.

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Announced Date Company Transaction Money Raised
2/2022 Nascent Biotech Grant 0
4/2021 Nascent Biotech Grant 0
2/2022 Nascent Biotech Grant 0
4/2021 Nascent Biotech Grant 0
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