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Proswell

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Committed to developing a health business

Dongcheng District, ChinaFounded 2004Health
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Proswell

Proswell, officially known as Beijing Spring Medicine Technology Development Co., Ltd., is a contract research organization (CRO) established in 2004. The company is headquartered in Beijing, China, and provides a comprehensive suite of services to support pharmaceutical and biotechnology companies throughout the clinical trial lifecycle. The President of Proswell is Susan Song. Her stated mission is to enhance the quality of life by improving diagnostic and treatment levels for patients through the development of new drugs.

The firm operates as a full-service CRO, offering end-to-end clinical trial management. Its services encompass everything from initial regulatory and clinical strategy development to Phase I-IV clinical research, data management, biostatistics, statistical programming, and medical writing. Proswell assists clients with services such as domestic and foreign drug registration, non-clinical research, and clinical trial monitoring and inspection. This business model is designed to provide a single, centralized provider for managing the entire clinical trial process, which helps to streamline project management for its clients. The company serves both domestic Chinese and international pharmaceutical, biotechnology, and medical device industries.

Proswell has experience across more than 10 therapeutic areas, with notable expertise in oncology, cardiovascular diseases, and endocrinology. The company has managed over 500 trials and served more than 300 clients, contributing to the development of 30 innovative drugs. A significant milestone was achieved in January 2010, when Proswell became the first local CRO in China to receive the ISO 9001:2008 Quality Management System Certification. In February 2021, the company secured $15.4M in a Series A venture capital funding round.

Source: Dealroom company data

At a glance

Founded
2004
Headquarters
Dongcheng District, China
Sector
Health

Investors

2 investors on the cap table

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

Series A2 investors entered at this stage

  • Oriental Fortune Capital
  • Future Invest
Employees 41 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
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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
1 countries with
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🇨🇳 China100%
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Market sentiment

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