Asymchem Inc.

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Asymchem Inc. - overview

Established

1998

Location

Tianjin, -, China

Primary Industry

Pharmaceuticals

About

Founded in 1998 and based in Tianjin, China, Asymchem Inc. operates as a pharmaceutical company that focuses on the development and production of new drugs and APIs. The company has 8 R&D and production bases, as well as more than 20 R&D, production, and sales subsidiaries and offices located in Tianjin, Jilin, Shanghai, and other places. It cooperated with global pharmaceutical companies such as Pfizer, Merck, AbbVie, etc.


Hao Hong, the chairman and CEO of the company, graduated from the Chinese Academy of Medical Sciences and is also a visiting professor at Sichuan University. In December 2021, the company was listed on the Hong Kong Stock Exchange. In February 2020, Asymchem Laboratories raised a PIPE funding for CNY 2. 31 billion.


The company is mainly engaged in the research and development of new drugs and drug APIs. It combines molecular biology technology, fermentation technology, and process development technology to provide users with carbapenem drugs, cGMP APIs and other products. The products can be used to treat major diseases such as antiviral, anticancer, cardiovascular and cerebrovascular diseases, and diabetes. The company generates revenue by providing new drugs and APIs.


Current Investors

Tianjin Venture Capital, CoStone Capital, Wings Capital

Primary Industry

Pharmaceuticals

Sub Industries

Pharmaceutical Research & Development

Website

www.asymchem.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

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