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Hubei Mengyang Pharmaceutical
Biotech & Life Sciences · China · Founded 2009
A high-tech enterprise, mainly engaged in the research and development, production and sales of natural medicines, chemical medicines and health foods MoreLess
Hubei Mengyang Pharmaceutical, established in February 2009, is a high-tech pharmaceutical enterprise based in Jingmen City, Hubei Province. The company integrates the research, development, production, and marketing of natural drugs and health foods. Its core mission is to improve the quality of life for cancer patients, with a focus on addressing unmet clinical needs in cancer treatment-related diseases.
The company's product portfolio is rooted in traditional Chinese medicine, aiming to develop new drugs from classic prescriptions and effective ingredients from natural medicines. A key product, "Shengbai Oral Liquid," was developed by the renowned traditional Chinese medicine doctor Professor Shao Mengyang to treat leukopenia caused by tumor radiotherapy and chemotherapy. Other significant products include the "Polyporus Capsule," for liver protection and immune enhancement, developed by a team led by Professor Zhang Ronglie, and two health foods, "Huangqi Beishachan Granules" and "Rhodiola Astragalus Granules," developed by Professor Lin Hongsheng for the physical recuperation of cancer patients in rehabilitation.
Mengyang Pharmaceutical also operates a wholly-owned subsidiary in Shanghai, which serves as a base for innovative drug research, development, and production of high-end and biological preparations. The research and development pipeline includes several new small-molecule drugs. One such drug, DH001, designed to reduce cardiotoxicity from adriamycin treatment, has entered phase II clinical studies. Other drugs in development, like MY0063 for chemotherapy-induced thrombocytopenia and MY00 for acute radiation sickness, are still in earlier stages. The company's business model encompasses a strong marketing network, academic collaboration, and multiple cooperation models to bring its products to market.
Keywords: Hubei Mengyang Pharmaceutical, pharmaceutical, traditional Chinese medicine, oncology, natural drugs, health food, cancer treatment, leukopenia, immunotherapy, Shengbai Oral Liquid, Polyporus Capsule, clinical research, drug development, liver protection, chemotherapy side effects, radiotherapy side effects, cancer patient support, biopharmaceuticals, innovative drugs
Company overview
Hubei Mengyang Pharmaceutical company information
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- Status
- Operational
- Founded
- 2009
- Headquarters
- China
- Employees
- —
- Open positions
- None listed
- Dealroom signal
- 21.3
Valuation & funding
Hubei Mengyang Pharmaceutical funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Nov 2023 | $14M | $55M | Alan Asset Management · Jinggangshan Zhendong Shenghong Investment · KaiXian Venture Capital | ↗ |
| SERIES A✓Equity / VC | Nov 2021 | $0 | — | Hubei Languang Gas | ↗ |
| SPINOUT✓Other financing | Feb 2009 | $0 | — | Henan University of Chinese Medicine · Henan Cancer Hospital | — |
Growth signals
Hubei Mengyang Pharmaceutical website traffic
Latest recorded traffic for Hubei Mengyang Pharmaceutical is 290 monthly website visits, up 93.3% over the last three months.
Comparisons
Hubei Mengyang Pharmaceutical compared with similar companies
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Talent graph
Hubei Mengyang Pharmaceutical's talent
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Investors
6 investors on Hubei Mengyang Pharmaceutical's cap table
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Global footprint
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In the news
Latest news about Hubei Mengyang Pharmaceutical
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Market sentiment
What the market is saying about Hubei Mengyang Pharmaceutical
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