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Hubei Mengyang Pharmaceutical
A high-tech enterprise, mainly engaged in the research and development, production and sales of natural medicines, chemical medicines and health foods
About Hubei Mengyang Pharmaceutical
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.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2009
- Headquarters
- China
- Open positions
- None listed
- Dealroom signal
- 21.3/100
- Industry
- Health
- Sub-industry
- Pharmaceutical
- Sector
- Biotech & Life Sciences, Biotechnology, Spinout, Biotech and Pharma, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b, b2c
- Links
- Website
Knowledge graph
More headlines
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 | ↗ |
Growth signals
Latest recorded traffic for Hubei Mengyang Pharmaceutical is 290 monthly website visits, up 93.3% over the last three months.
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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 A4 investors entered at this stage
- HGHubei Languang Gas
Alan Asset Management- JIJinggangshan Zhendong Shenghong Investment
- KCKaiXian Venture Capital
Other known investors2 additional known investors
- HHHenan Cancer Hospital
Henan University of Chinese Medicine
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Hubei Mengyang 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
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