Jiangsu Vcare Pharmatech Co., Ltd.

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Jiangsu Vcare Pharmatech Co., Ltd. - overview

Established

2010

Location

Nanjing, Jiangsu, China

Primary Industry

Pharmaceuticals

About

Established in 2010 and based in Nanjing, China, Jiangsu Vcare Pharmatech Co. , Ltd. operates as a pharmaceutical technology company that focuses on the research and development of chemical drugs. It was recognized as the National High-tech Enterprise.


The company has a production base in Xiangyang. In 2017, the company completed the acquisition of the Nantong API plant. There are more than 500 employees in the company. Vcare Pharmatech has applied for 89 domestic and foreign invention patents, including 11 PCT (Patent Cooperation Treaty) patents.


In January 2024, it raised over CNY 200 million in series C+ funding. The company mainly provides Generic drugs, APIs (Active Pharmaceutical Ingredient), impurities in APIs, other intermediates. Its main products include VC004, Vicagrere capsules and VC005. VC004 is a class 1 targeted antitumor drug and belongs to the second generation of Trk (tropomyosin receptor kinase) inhibitors.


Vcare Pharmatech has established targeted innovation development platform, computer-aided drug design platform, drug synthesis and separation technology platform. The company also provides pharmaceutical services, clinical services, chemistry CDMO (contract development and manufacturing organization) services. The company's drug research and development pipelines cover the fields of cardiovascular, cerebrovascular, tumour, endocrine. The company generates revenue by providing innovative drugs.


The company will use the series C funding to advance the clinical pipeline of innovative drugs and the industrial chain layout of CRO and CDMO services.


Current Investors

China Merchants Capital, Fengling Capital, Jadestone Capital

Primary Industry

Pharmaceuticals

Sub Industries

Biopharmaceuticals, Pharmaceutical Research & Development

Website

www.vcarepharmatech.com

Verticals

Manufacturing

Company Stage

Series C

Total Amount Raised

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