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Nanjing Qingpu Biotechnology

Biotech & Life Sciences · Nanjing City, China · Founded 2017

Specializes in the field of pain treatment MoreLess

Nanjing Qingpu Biotechnology Co., Ltd., operating as Delovabio, is a biopharmaceutical firm established in 2017, concentrating on the development of novel drugs for pain management. The company was co-founded by Dr. Qingsong Wang, who serves as CEO, and Dr. Ning Hu, the Chief Scientific Officer. Dr. Wang holds a Ph.D. from China Pharmaceutical University and brings nearly two decades of experience in new drug R&D, clinical development, and business development, notably from his tenure at Simcere Pharmaceutical Group. Dr. Hu earned his Ph.D. from the University of Southern California and has close to 30 years of experience in complex injectable drug development.

The firm's business model is centered on addressing unmet clinical needs in the global pain market by developing non-addictive, long-acting, and potent non-opioid analgesics. Its revenue generation is anticipated from the commercialization of its product pipeline and through strategic partnerships with established pharmaceutical companies for drug distribution. Qingpu Biotechnology operates with a global focus, maintaining a headquarters and R&D center in Nanjing, China, and a subsidiary in California, USA, to conduct clinical studies and registration in both markets concurrently.

The company has developed a robust pipeline of over ten drug candidates utilizing several proprietary technology platforms. These include the XisGel® sustained-release gel platform for long-acting injections lasting from days to months, the ETPF® topical skin preparation platform, and technologies for enhancing the solubility of poorly soluble drugs. Its leading product, Putanning™ (Meloxicam Injection II), is a long-acting NSAID for post-operative pain management that requires only once-daily administration. This drug has achieved a significant milestone by receiving market approval from both the U.S. FDA and China's NMPA in 2025. Other pipeline products, such as QP002 and QP004 for post-surgical pain, are in the preclinical phase. The company has secured multiple rounds of funding from investors including Legend Capital, Indaco Capital, and a recent B+ round of over 100 million RMB to accelerate commercialization and R&D efforts.

Keywords: pain management, non-opioid analgesics, drug development, biotechnology, pharmaceutical, sustained-release, injectable drugs, postoperative pain, neuropathic pain, controlled-release technology, XisGel, Meloxicam, clinical trials, biopharmaceutical, Nanjing, Dr. Qingsong Wang, long-acting pain relief, drug delivery systems, topical formulations, pharmaceutical innovation

Company overview

Nanjing Qingpu Biotechnology company information

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Status
Operational
Founded
2017
Headquarters
Nanjing City, China
Employees
Open positions
None listed
Dealroom signal
21.3
client focusb2bsub industryPharmaceuticalsub industryBioTechnologybusiness modelSaaSindustryHealthsectorBiotechnologysectorBiotech and PharmasectorHard TechsectorDT and LSsectorscience-based

Valuation & funding

Nanjing Qingpu Biotechnology funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Jul 2026 $83M $330M CSC Venture Capital · BOC Capital · Nanjing Innovation Investment Group · Guoxin Zhongshu
SERIES BOther financing Apr 2024 $14M $55M Shengjing Jiacheng Venture Capital · Hyfinity Investments · Zhongqi Private Equity Fund Management (Hainan)
LATE VCOther financing Sep 2020 $6.9M $28M Legend Capital · Indaco Capital
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Growth signals

Nanjing Qingpu Biotechnology website traffic

Latest recorded traffic for Nanjing Qingpu Biotechnology is 670 monthly website visits, up 378.6% over the last three months.

Latest monthly visits670 3-month web change+378.6%
Monthly website visits22 observations · Dec 2022–Jun 2026
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Comparisons

Nanjing Qingpu Biotechnology compared with similar companies

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Talent graph

Nanjing Qingpu Biotechnology's talent

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Investors

20 investors on Nanjing Qingpu Biotechnology's cap table

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Series A 3 investors entered at this stage
Shengjing Jiacheng Venture Capital
Hyfinity Investments
Zhongqi Private Equity Fund Management (Hainan)
Series B+ 17 investors entered at this stage
Legend Capital
Indaco Capital
CSC Venture Capital
BOC Capital
Nanjing Innovation Investment Group
Guoxin Zhongshu
Oriza Holdings
GP Capital
Seedline
Fangyuan Capital
Guoju Venture Capital
Jiaxing Nanhu Red Boat Industry Fund
Efung Capital
Tailong Investment
Guangdong Traditional Chinese Medicine Health Fund
Hangzhou Changjiang Venture Capital
China Reform Securities Capital

Global footprint

Where Nanjing Qingpu Biotechnology has talent and traffic

Workforce by country
🇨🇳 China · Nanjing City HQ
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In the news

Latest news about Nanjing Qingpu Biotechnology

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Market sentiment

What the market is saying about Nanjing Qingpu Biotechnology

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