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Bonacia (Hefei) Pharmaceutical Technology

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Bonacia is a CRO company specializing in clinical research , focusing on professional services for clinical research of innovative drugs, biological drugs and vaccines, and empowering the research and…

ChinaFounded 2004Biotech & Life Sciences
Valuation $0–100M Latest valuation · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Bonacia (Hefei) Pharmaceutical Technology and the history behind them.

About Bonacia (Hefei) Pharmaceutical Technology

Established in 2004, Bonacia Pharmaceutical Technology, also known as Panacro, operates as a contract research organization (CRO) with a focus on clinical studies. The company provides comprehensive solutions for the clinical research and registration of chemical and biological drugs, as well as vaccines. Its business model is centered on delivering professional technical services to a client base of pharmaceutical companies, both domestic and international, across more than 20 major therapeutic fields. Panacro generates revenue by offering a full suite of services that span from Phase I to IV clinical trials, including data management, biostatistics, regulatory submissions, and commercialization support.

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The company's service portfolio is designed to support the entire clinical development lifecycle. This includes early-phase strategy and planning, clinical trial management, data management, and statistical analysis. Panacro operates in accordance with international standards such as ICH-GCP and has established detailed standard operating procedures (SOPs) to ensure quality and efficiency. A key aspect of their operations is the close cooperation with a vast network of study sites in China. In recent years, Panacro has been integrating technology into its services, developing a cloud platform for clinical trials to enhance the efficiency of new drug R&D.

Significant milestones in the company's history include introducing strategic investment in 2016 to focus on innovative drugs and biologics. In 2018, Panacro acquired Ruijie Siyuan, which led to rapid performance growth. The company has expanded its operations significantly, with offices in 20 major provinces or cities in China and a team of over 800 professionals. In 2021, Panacro appointed Mr. Zhou, a professor from Duke University's School of Medicine, as its Chief Consulting Scientist to enhance its capabilities in clinical study design and international registration. The company has also been expanding its overseas business, including the establishment of Panacro Global InnovaSolution in the United States, and in 2023 applied for a GEM listing.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2004
Headquarters
China
Employees
34
Open positions
None listed
Dealroom signal
51.0/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Vaccines, Biotech and Pharma, Hard Tech, DT and LS, science-based
Technology
Artificial Intelligence
Business model
Manufacturing
Client focus
b2b

Latest news

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BEquity / VC Dec 2023 $14M $55M Jinhe Capital · Shenzhen Cornerstone Asset Management
SERIES AEquity / VC Apr 2022 $0 Xintaige Assets · Topsailing Capital
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Growth signals

Bonacia (Hefei) Pharmaceutical Technology website traffic

Latest recorded traffic for Bonacia (Hefei) Pharmaceutical Technology is 110 monthly website visits, down 85.9% over the last three months. Bonacia (Hefei) Pharmaceutical Technology's team grew 6.3% over the past year.

Latest monthly visits110 3-month web change-85.9% 1-year team growth+6.3%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Yida Capital

Series A4 investors entered at this stage

  • Xintaige Assets
  • Topsailing Capital
  • Jinhe Capital
  • Shenzhen Cornerstone Asset Management
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Bonacia (Hefei) Pharmaceutical Technology 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

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