Beikang Medical

Suzhou, China Founded: 2010 • Age: 16 yrs
NGS-based diagnostic solutions for neonatal screening are developed.
Annual revenue $41.8M Latest available
Total funding $36.5M 2 rounds
Employees 497 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Beikang Medical

Beikang Medical is a company based in Suzhou (China) founded in 2010. Beikang Medical has raised $36.52 million across 2 funding rounds from investors including Broad Vision Funds. The company has 497 employees as of December 31, 2024. Beikang Medical has completed 1 acquisition, including BMX Holdco. Beikang Medical operates in a competitive market with competitors including Natera, SYNLAB, Rejuvenate Bio, Novogene Corporation and Progenity, among others.

  • Headquarter Suzhou, China
  • Employees 497 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Suzhou Basecare Medical Corp. Ltd. Class H
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $41.76 M (USD)
    41.12
    as on Dec 31, 2024
  • Net Profit
    -$33.09 M (USD)
    -21.33
    as on Dec 31, 2024
  • EBITDA
    -$33.66 M (USD)
    -3.78
    as on Dec 31, 2024
  • Total Equity Funding
    $36.52 M (USD)

    in 2 rounds

  • Latest Funding Round
    $21.13 M (USD), Series C

    May 15, 2020

  • Investors
  • Employee Count
    497

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Beikang Medical

Beikang Medical is a publicly listed company on the HKEX with ticker symbol 2170 in Hong Kong, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: HKEX · Ticker: 2170 · Sector: Health technology · Hong Kong

Funding Insights of Beikang Medical

Beikang Medical has successfully raised a total of $36.52M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $21.13 million completed in May 2020. 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 Beikang Medical

Beikang Medical has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Broad Vision Funds.

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Venture Fund
Investor Description Founded Year Domain Location
Consumer technology, healthcare, and sectors are targeted for venture investments.
Locked Locked Locked
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Investor details for Beikang Medical

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Investments & Acquisitions by Beikang Medical

Beikang Medical has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BMX Holdco.

Investments
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Investment portfolio details for Beikang Medical

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Multiple industries are operated by the diversified conglomerate.
Locked Locked 2022 Locked
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Financial Statements - Beikang Medical

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Beikang Medical Comparisons

Beikang Medical Primary company
Description
NGS-based diagnostic solutions for neonatal screening are de...
Location
Suzhou, China
Founded Year
2010
Annual Revenue
$41.76 M (USD)
Net Profit
-$33.09 M (USD)
EBITDA
-$33.66 M (USD)
Employees
497
As of 2024
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Peer comparison for Beikang Medical

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Competitors of Beikang Medical

Beikang Medical 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 Natera, SYNLAB, Rejuvenate Bio, Novogene Corporation and Progenity, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Developer of cell-free DNA testing for oncology, women’s health, and organ health
Locked Locked Locked
Provider of medical diagnosis and clinical laboratory analysis services
Locked Locked Locked
Gene-editing platform and anti-aging therapy for dogs are developed.
Locked Locked Locked
Genomic services and solutions with NGS expertise are provided.
Locked Locked Locked
Non-invasive prenatal genomic testing is provided for genetic disorders.
Locked Locked Locked
BGI is engaged in genomics and precision medicine solutions.
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Detailed competitors of Beikang Medical

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Latest news on Beikang Medical

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Complete news archive for Beikang Medical

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Frequently Asked Questions about Beikang Medical

Beikang Medical was founded in 2010 and raised its 1st funding round 7 years after it was founded.

Beikang Medical is headquartered in Suzhou, China. It is registered at Suzhou, Jiangsu, China.

Beikang Medical is a funded company, having raised a total of $36.52M across 2 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Beikang Medical is 497.

Annual revenue of Beikang Medical is $41.76M as on Dec 31, 2024.

Beikang Medical was founded in 2010 in Suzhou, China, within the genetic diagnostics sector. NGS-based solutions for neonatal and prenatal applications are developed and offered. Tests including pre-pregnancy, pre-implantation, non-invasive prenatal, and earlyneonatal genetic screening are provided under the Basecare brand. Operations are supported by Daan Gene Corp. of Sun Yat-Sen University, with the domain basecare.cn utilized.

Beikang Medical's top competitors include Natera, Novogene Corporation and BGI.

Yes, Beikang Medical is publicly traded on HKEX under the ticker symbol 2170.

Beikang Medical has made 1 acquisition, including BMX Holdco.

Beikang Medical has 1 investor. Key investors include Broad Vision Funds.

The ticker symbol of Beikang Medical is 2170 on HKEX.

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