Adicon Clinical Laboratories, Inc. Asset Profile

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Year established

2004

Location

Hangzhou Zhejiang China

Primary Industry

Healthcare

About

Founded in 2004 and based in Hangzhou, China, Adicon Clinical Laboratories, Inc. operates as a third party independent medical testing facility that offers health care testing services. The company has set up more than 30 medical laboratories in Hangzhou, Shanghai, Nanjing, Wuhan, Changsha, Guangzhou, and other cities, and 18 of these laboratories are accredited to ISO15189. It has obtained over 200 patents. The company has set up a research and development center in 2007. In 2008, Adicon Clinical Laboratory in Shanghai, was accredited by the College of American Pathologists. In 2023, the company was listed on the Hong Kong Stock Exchange. The company's laboratories include clinical laboratories, pathology laboratories, reproductive genetics laboratories, genetic laboratories and mass spectrometry laboratories, which are capable of providing medical testing, drug clinical, research services, health management and pathology consultation services to users. Its clinical services cover the treatment of infections, infectious diseases, haematological diseases, maternal and child diseases, oncological diseases, endocrinology and other areas.

Current Investors

OrbiMed Advisors, Mirae Asset Global Investments, Khazanah Nasional Berhad

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Primary Industry

Healthcare

Sub Industries

Diagnostic, Medical & Imaging Laboratories

Website

www.adicon.com.cn

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Deals

Deals Type
Growth
Growth

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Adicon Clinical Laboratories, Inc.	30 Jan 2021
Completed	Adicon Clinical Laboratories, Inc.	01 Sep 2018

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