Ascletis Pharma Inc.

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Ascletis Pharma Inc. - overview

Established

2013

Location

Hangzhou, -, China

Primary Industry

Pharmaceuticals

About

Founded in 2013 and based in Hangzhou, China, Ascletis Pharma Inc. operates as a pharmaceutical company which focuses on developing and manufacturing drugs in 3 areas, that is anti-viral (especially anti-HIV), cancer and fatty liver disease. The company has set up a production base in Shaoxing which has acquired drug production licence. The CFO, John P.


Gargiulo, graduted from Duke University. It has cooperated with Roche Holding. In January 2017, Ascletis Pharma Inc. raised USD 100 million in series B financing led by returning investor C-Bridge Capital.


In 2018, it was listed on the Hong Kong Stock Exchange. Ascletis focuses on the research, development and commercialization of innovative drugs in the fields of viral diseases, metabolic diseases, tumors (oral tumor metabolic checkpoint and immune checkpoint inhibitors). Products include Gonovo, Ravidasvir and ASC21, etc. The company generates revenue by developing innovative drugs for the treatment of diseases such as antiviral, cancer and fatty liver.


Current Investors

Goldman Sachs Asset Management, W.T.T. Investment, Focus Media Information Technology

Primary Industry

Pharmaceuticals

Sub Industries

Biopharmaceuticals, Diagnostic, Medical & Imaging Laboratories, Oncology/Cancer Treatment, Specialty Pharmaceuticals, Pharmaceutical Research & Development

Website

www.ascletis.com.cn

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

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