BioRay Pharmaceutical

Taizhou, China Founded: 2019 • Age: 7 yrs Acquired By PAG
Antibody therapeutics for immunology and oncology are developed.
Annual revenue - Latest available
Total funding $215.0M 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About BioRay Pharmaceutical

BioRay Pharmaceutical is a company based in Taizhou (China) founded in 2019 was acquired by PAG in September 2019. BioRay Pharmaceutical has raised $214.97 million across 1 funding round from investors including PAG. BioRay Pharmaceutical operates in a competitive market with competitors including Moderna, BeiGene, Incyte, Horizon Therapeutics and Forge Biologics, among others.

  • Headquarter Taizhou, China
  • Stage Unicorn
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Bioray Pharmaceutical Corp
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
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
    $214.97 M (USD)

    in 1 rounds

  • Latest Funding Round
    $214.97 M (USD), Series D

    Dec 29, 2022

  • Investors
  • Employee Count
    Not available
  • Acquired by
    PAG

    (Sep 05, 2019)

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People of BioRay Pharmaceutical

Headcount 1000-5000
Employee Profiles 4
Employee Profiles
People
Zhenwu Luo
Senior Scientist

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Teams

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Funding Insights of BioRay Pharmaceutical

BioRay Pharmaceutical has successfully raised a total of $214.97M through 1 strategic funding round. The most recent funding activity was a Series D round of $214.97 million completed in December 2022. 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 BioRay Pharmaceutical

BioRay Pharmaceutical has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include PAG.

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Venture Fund
Investor Description Founded Year Domain Location
Alternative investment firm
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Investor details for BioRay Pharmaceutical

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Investments & Acquisitions by BioRay Pharmaceutical

Investments
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Investment portfolio details for BioRay Pharmaceutical

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Financial Statements - BioRay Pharmaceutical

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Detailed financials for BioRay Pharmaceutical

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Bioray Pharmaceutical Comparisons

BioRay Pharmaceutical Primary company
Description
Antibody therapeutics for immunology and oncology are develo...
Location
Taizhou, China
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for BioRay Pharmaceutical

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Competitors of BioRay Pharmaceutical

BioRay Pharmaceutical 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 Moderna, BeiGene, Incyte, Horizon Therapeutics and Forge Biologics, among others.

Company Name Domain Founded year HQ Location Description
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mRNA-based therapeutics for diseases including cancer and infections are developed.
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Targeted and immune-oncology drugs for cancer treatment are developed.
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Small molecules are developed for cancer and skin disease treatments.
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Developer of drugs for treating rare and autoimmune diseases
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Gene therapies for rare diseases are developed to treat patients.
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Therapeutic antibodies for cancer and other diseases are developed.
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Detailed competitors of BioRay Pharmaceutical

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Latest news on Bioray Pharmaceutical

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Complete news archive for BioRay Pharmaceutical

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Frequently Asked Questions about BioRay Pharmaceutical

BioRay Pharmaceutical was founded in 2019 and raised its 1st funding round 3 years after it was founded.

BioRay Pharmaceutical is headquartered in Taizhou, China. It is registered at Taizhou, Jiangsu, China.

Haibin Wang is the current CEO of BioRay Pharmaceutical.

BioRay Pharmaceutical is a funded company, having raised a total of $214.97M across 1 funding round to date.

BioRay Pharmaceutical was founded in 2019 in Taizhou, China, within the biotechnology sector. Therapeutics are developed using an antibody-technology platform targeted at immune-mediated diseases, including rheumatoid arthritis, psoriasis, and Ankylosing Spondylitis. Drugs for cancer and tumors are also offered. Formulated products derived from organic ingredients are provided to support health restoration and bodily balance. Operations focus on immunology and oncology research and development.

BioRay Pharmaceutical's top competitors include Moderna, argenx and BeiGene.

BioRay Pharmaceutical has 1 investor. Key investors include PAG.

The valuation of BioRay Pharmaceutical is $1.9B as of Dec 2022.

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