D
DMed
DMed become an international brand for providing drug innovation services and solutions
About DMed
In 2016, Dr. Lingshi Tan founded dMed Biopharmaceutical Co., Ltd., a company with a vision to revolutionize clinical research. With a strategic presence in 23 countries, dMed aimed to provide broad access to diverse patient populations across the Americas, Europe, and APAC. The company quickly established itself as a leader in the healthcare industry, leveraging its therapeutic and operational expertise to conduct efficient and high-standard clinical studies.
In a significant turn of events, dMed merged with Clinipace in 2021, forming a new entity known as Caidya. This merger combined the strengths of two leading Contract Research Organizations (CROs), expanding their global footprint and enhancing their capabilities in clinical trial management. The newly formed Caidya boasted nearly 1,800 employees across more than 30 countries, marking a new era of growth and innovation.
In 2025, Caidya achieved a major milestone by securing a $165 million strategic funding round from Rubicon Founders. This infusion of capital was aimed at further expanding their global operations and enhancing their technological infrastructure to ensure transparency and data-driven decision-making in clinical trials.
Today, Caidya stands as a testament to the power of strategic mergers and visionary leadership in the biopharmaceutical industry. With a commitment to bringing life-changing therapies to patients worldwide, Caidya continues to push the boundaries of clinical research, driven by a mission to improve patient outcomes through innovative and patient-focused solutions.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2016
- Headquarters
- Pudong, China
- Employees
- 176
- Open positions
- None listed
- Dealroom signal
- 72.0/100
- Industry
- Health, Marketing
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
- Client focus
- b2b
- Investment activity
- 1 company, latest Apr 2021
- Capital deployed
- —
- Preferred round
- MERGER
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| MERGEROther financing | Apr 2021 | $0 | — | Caidya | — |
| SERIES COther financing | Dec 2020 | $100M | $400M | HongShan · E-Fund · Kaiser Permanente · Fidelity Investments | — |
Growth signals
Latest recorded traffic for DMed is 2.4K monthly website visits, up 224.3% over the last three months. DMed's team grew 3.5% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A5 investors entered at this stage
Qiming Venture Partners
Zai Lab
Lilly Asia Ventures
Legend Capital
Vivo Capital
Series B and later4 investors entered at this stage
Fidelity Investments
HongShan
E-Fund
Kaiser Permanente
Other known investors1 additional known investor
Caidya
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about DMed 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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