Ascentage Pharma

Hong Kong, China Founded: 2009 • Age: 17 yrs
Small molecule drugs for cancer treatment are developed.
Annual revenue - Latest available
Total funding $237.5M 3 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Ascentage Pharma

Ascentage Pharma is a company based in Hong Kong (China) founded in 2009. Ascentage Pharma has raised $237.5 million across 3 funding rounds from investors including ArrowMark Partners, CTS Capital Advisors and Oriza Ventures. Ascentage Pharma operates in a competitive market with competitors including Jazz Pharmaceuticals, C4 Therapeutics, Erasca, MiRagen and Mereo BioPharma, among others.

  • Headquarter Hong Kong, China
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $237.5 M (USD)

    in 3 rounds

  • Latest Funding Round
    $150 M (USD), Series C

    Jul 17, 2018

  • Investors
  • Employee Count
    Not available
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People of Ascentage Pharma

Headcount 200-500
Employee Profiles 43
Board Members and Advisors 13
Employee Profiles
People
Zhu Gang
Chief Commercial Officer
People
Lu Zhang
Director Business Development
People
Paul O. Fletcher
Senior Manager, Scientific Publication Writing
People
Dajun Yang
Co-Founder, Chairman & CEO

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Board Members and Advisors
people
David Sidransky
Independent Non-Executive Director
people
Wang Shaomeng
Co-founder, Non-executive Director & Chief Science Advisor
people
Asher Channan Khan
Clinical Advisor

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Funding Insights of Ascentage Pharma

Ascentage Pharma has successfully raised a total of $237.5M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $150 million completed in July 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Ascentage Pharma

Ascentage Pharma has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include ArrowMark Partners, CTS Capital Advisors and Oriza Ventures.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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PE firm focused on medicine based companies
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Private equity firm investing in multiple sectors
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Investor details for Ascentage Pharma

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Investments & Acquisitions by Ascentage Pharma

Investments
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Investment portfolio details for Ascentage Pharma

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Financial Statements - Ascentage Pharma

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Detailed financials for Ascentage Pharma

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Ascentage Pharma Comparisons

Ascentage Pharma Primary company
Description
Small molecule drugs for cancer treatment are developed.
Location
Hong Kong, China
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Ascentage Pharma

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Competitors of Ascentage Pharma

Ascentage Pharma operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jazz Pharmaceuticals, C4 Therapeutics, Erasca, MiRagen and Mereo BioPharma, among others.

Company Name Domain Founded year HQ Location Description
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Novel biopharmaceutical medicines are developed for unmet medical needs.
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Small-molecule drugs for cancer treatment are developed via Degronimid platform.
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Small molecule therapeutics for cancer treatment are developed.
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MicroRNA-based therapeutics are developed for treating multiple diseases.
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Therapeutics for cancer and rare diseases are developed.
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Targeted therapeutics for cancer, metabolic, and inflammatory diseases are developed.
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Detailed competitors of Ascentage Pharma

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Latest news on Ascentage Pharma

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Complete news archive for Ascentage Pharma

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Frequently Asked Questions about Ascentage Pharma

Ascentage Pharma was founded in 2009 and raised its 1st funding round 6 years after it was founded.

Ascentage Pharma is headquartered in Hong Kong, China.

Ascentage Pharma is a funded company, having raised a total of $237.5M across 3 funding rounds to date.

Ascentage Pharma was founded in 2009 in Hong Kong, China, where small molecule drugs targeting cancers are developed. The pipeline includes AT101 as a pan-Bcl-2 inhibitor for non-small cell lung cancer, HQP8361 as a c-Met inhibitor for solid tumors, APG-1387 as an IAP inhibitor for solid tumors, and HQP1351 as a Bcr-Abl kinase inhibitor for chronic myeloid leukemia. Key oncogenic drivers in human cancers are addressed by several preclinical programs.

Ascentage Pharma's top competitors include Jazz Pharmaceuticals, C4 Therapeutics and Erasca.

Ascentage Pharma has 11 investors. Key investors include ArrowMark Partners, CTS Capital Advisors, Oriza Ventures, CCB International, and Yuan Ming Capital.

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