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SunTen Phytotech
An herbal-based biotechnology company, develops botanical medicines and functional dietary products
About SunTen Phytotech
SunTen Phytotech, established in 2000, operates as a subsidiary of the Sun Ten Pharmaceutical Group, focusing on the development of new botanical drugs. The parent company, Sun Ten Pharmaceutical, was founded in Taiwan in 1946 by Dr. Hon-yen Hsu. Dr. Hsu, recognized as the “Father of Scientific Chinese Herbal Medicine,” applied modern extraction technologies to Traditional Chinese Medicine (TCM). His background includes a PhD in Pharmacy from Kyoto University and a role as the director of Taiwan's Bureau of Drug Control, where he established standards to safeguard consumer health.
SunTen Phytotech was created to spearhead the group's entry into the biotech era, developing herbal-based products to meet specific medical needs. The company's work involves producing novel botanical medicines and functional dietary products aimed at addressing conditions like cardiovascular diseases and chronic gastrointestinal disorders. A notable milestone for SunTen Phytotech includes receiving a grant from Taiwan's Ministry of Economic Affairs in 2002 for the development of a new cardiovascular botanical drug, SB221. The company also secured an Industry Innovation Performance Award from the same ministry in 2008.
The business operates within the biotechnology and pharmaceutical markets, functioning as a research and development arm of the Sun Ten Group. Its business model revolves around the scientific development and clinical validation of botanical drugs, with some projects advancing to clinical trial stages. For instance, in 2001, the company collaborated with PhytoCeutica Co. in the US on an anti-cancer auxiliary drug and was contracted by Phytopharm Inc. in the UK to manufacture a plant-based product for canine skin and coat health. SunTen Phytotech leverages the broader group's extensive manufacturing capabilities, which are GMP, TGA, and PIC/S certified, ensuring high-quality production standards. The company's products are part of a larger portfolio that includes traditional herbal formulas, single herbs, and over-the-counter health foods, which are distributed globally through partners in the USA, Canada, Europe, and Asia.
Source: Dealroom company dataAt a glance
- Status
- Closed
- Founded
- 2001
- Headquarters
- New Taipei, Taiwan
- Employees
- 30
- Open positions
- None listed
- Dealroom signal
- 0.0/100
- Industry
- Health, Wellness Beauty
- Sub-industry
- Pharmaceutical, BioTechnology
- Sector
- Biotech & Life Sciences, Dietary Supplements, Biotechnology, Drug Development, Gastroenterology, Botanical, Botanical Medicines, Hard Tech, DT and LS
- Business model
- Manufacturing
- Client focus
- b2c
- Investment activity
- 1 company, latest Dec 2006
- Capital deployed
- $10M
- Preferred round
- SERIES B
Knowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Dec 2006 | $10M | $40M | SunTen Phytotech | — |
Growth signals
Latest recorded traffic for SunTen Phytotech is 110 monthly website visits. SunTen Phytotech's team grew 42.9% over the past year.
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Investments and acquisitions
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Investors
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Series A1 investor entered at this stage
SunTen Phytotech
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Global footprint
team presence
Market sentiment
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