B
Baoji Pharmaceutical
A biopharma R&D manufacturer, a Sino-foreign joint biopharmaceutical enterprise integrating drug R&D and production
About Baoji Pharmaceutical
Shanghai Baoji Pharmaceutical Co., Ltd., operating as Bao Pharma, is a biopharmaceutical company established in December 2019, focused on the industrialization and commercialization of recombinant protein and antibody-based therapeutics. The company's formation involved the integration of Suzhou Kangju Biotechnology Co., Ltd. (founded in 2011 to develop recombinant enzyme drugs and monoclonal antibodies) and Suzhou Centergene Pharmaceuticals Co., Ltd. (founded in 2014 to develop glycoprotein drugs for assisted reproduction). This strategic consolidation in 2020 aimed to accelerate the industrialization of existing projects. A significant milestone was the acquisition of a 63,000-square-meter facility in Shanghai's Baoshan District in October 2021, enabling industrial-scale production. The company secured a Series B funding round of $100 million on August 25, 2022, led by Oriental Fortune Capital, to advance its development pipeline.
Read full description
Bao Pharma operates as a biopharmaceutical research, development, and manufacturing enterprise. The company's business model integrates drug development, clinical trial services, and manufacturing, with revenue generated from the production and sale of its therapeutic products. Its clientele consists of patients and healthcare providers across various medical fields, including oncology, autoimmune diseases, rare diseases, and organ transplantation. The company has established a cGMP-compliant manufacturing base in Shanghai designed for multiple drug substance production lines using both mammalian cell and microbial expression systems. This facility is equipped to produce injectable solutions, lyophilized powders, and pre-filled syringes.
The company’s product pipeline targets a range of conditions with significant unmet medical needs. One key product is a recombinant IgG Cleaving Enzyme for treating pathogenic IgG-mediated immune system diseases, which has completed Phase I clinical trials in New Zealand and China. Bao Pharma is also developing a Recombinant Chymotrypsin using genetic engineering to replace traditional animal-derived extraction methods, offering improved safety and quality for applications in numerous medical departments like respiratory medicine and surgery. Another core area is subcutaneous drug delivery, leveraging its expertise in hyaluronidase technology to enhance the administration of therapeutics. Additionally, the company is advancing KJ015, an anti-HER2 bispecific antibody for various solid tumors, and a recombinant human follicle-stimulating hormone (FSH) fusion protein for assisted reproduction, for which a New Drug Application was submitted in December 2023. Keywords: biopharmaceutical, recombinant protein drugs, antibody drugs, drug development, cGMP manufacturing, autoimmune diseases, oncology, assisted reproduction, subcutaneous delivery, recombinant enzymes, monoclonal antibodies, IgG cleaving enzyme, chymotrypsin, hyaluronidase, bispecific antibody, glycoprotein drugs, clinical trials, Series B, Oriental Fortune Capital
At a glance
- Founded
- 2019
- Headquarters
- Baoshan District, China
- Listing
- IPO 2025
- Sector
- Biotech & Life Sciences
- Power Law
- Unicorn$1–10B valuation tier
Latest news
Press, funding announcements and product moves mentioning Baoji Pharmaceutical.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A6 investors entered at this stage
Oriental Fortune Capital- CLCenter Lab
- SCShengshi Capital
- DFDongfang Fuhai
Haitong Innovation Capital Management- YCYuanchuang Capital
Series B and later2 investors entered at this stage
SHC Shanghai Biomedical Fund
Shanghai International Group
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Market sentiment
An AI-synthesised read of the highest-engagement posts about Baoji Pharmaceutical on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Baoji Pharmaceutical on the full Dealroom platform
Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.