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Nanjing Qingpu Biotechnology
Specializes in the field of pain treatment
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.
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.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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) | ↗ |
Growth signals
Latest recorded traffic for Nanjing Qingpu Biotechnology is 670 monthly website visits, up 378.6% over the last three months.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
- SCShengjing Jiacheng Venture Capital
Hyfinity Investments- Z(Zhongqi Private Equity Fund Management (Hainan)
Series B and later17 investors entered at this stage
Legend Capital
Indaco Capital- CCCSC Venture Capital
- BCBOC Capital
- NGNanjing Innovation Investment Group
- GZGuoxin Zhongshu
Oriza Holdings- GCGP Capital
Seedline- FCFangyuan Capital
- GCGuoju Venture Capital
- JFJiaxing Nanhu Red Boat Industry Fund
- ECEfung Capital
- TITailong Investment
- GFGuangdong Traditional Chinese Medicine Health Fund
Hangzhou Changjiang Venture Capital- CCChina Reform Securities Capital
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Nanjing Qingpu Biotechnology 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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