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Nanjing Qingpu Biotechnology

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Specializes in the field of pain treatment

Nanjing City, ChinaFounded 2017Biotech & Life Sciences
Valuation $100–500M Latest valuation · 2026
Total funding $100–500M Disclosed equity funding
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About Nanjing Qingpu Biotechnology

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.

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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.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Nanjing City, China
Open positions
None listed
Dealroom signal
21.3/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
Business model
SaaS
Client focus
b2b
Links
Website

Latest news

Press, funding announcements and product moves mentioning Nanjing Qingpu Biotechnology.

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Funding history

3 recorded events

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)
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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%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

20 investors on the cap table

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

Series A3 investors entered at this stage

  • Shengjing Jiacheng Venture Capital
  • Hyfinity Investments
  • Zhongqi Private Equity Fund Management (Hainan)

Series B and later17 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
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Global footprint

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

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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