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Atom Bioscience and Pharmaceutical Co., Ltd.

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Year established

2012

Location

Suzhou Jiangsu China

Primary Industry

Biotechnology

About

Based in Zhenjiang, China, and established in 2012, Atom Bioscience and Pharmaceutical Co., Ltd. operates as a pharmaceutical company that focuses on new drug discovery and treatments. The founder as well as the CEO, Dongfang Shi, worked at Genelabs Technologies and Metabolex. The CMO, Marc Gurwith, was the Executive Vice President of PaxVax Inc. In January 2022, the company raised CNY 300 million co-led by new investors GTJA Investment Group and Xicheng Jinrui. In October 2023, it raised over CNY 600 million in series D funding led by Kaitai Capital, with participation from Fortune Capital, Golden China Fund, Qiandao Group, and NNFE Investment Fund Management (Beijing).  The company provides new drugs and related treatments for metabolic diseases and cancers. Its product pipelines include ABP-6016, ABP-671, ABP-745 and ABP-431. ABP-671 achieves a reduction of serum uric acid (sUA) by inhibiting renal uric acid transport protein 1 (URAT1). The drugs developed by the company can be used to treat diabetes, gout, and tumors.
Current Investors
Ch-Gemstone Capital, Youchoose Capital, Kaitai Capital

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Primary Industry
Biotechnology
Sub Industries
Biopharmaceuticals, Oncology/Cancer Treatment, Specialty Pharmaceuticals
Website
www.atombp.com
Verticals
Manufacturing
Total Amount Raised
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