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Baiming Xinkang Biotechnology
A clinical stage biopharmaceutical company developing new treatments for allergy and other diseases
About Baiming Xinkang Biotechnology
Worg Pharma is a clinical-stage biopharmaceutical startup that focuses on the development of new treatments for allergic and autoimmune diseases. The company aims to expand its portfolio to other areas of medicine where there is a high demand for treatment options and significant commercial potential.
The company operates in the global pharmaceutical market, with a significant presence in both Europe and China, thanks to its headquarters in Shanghai and a subsidiary in Basel. This strategic positioning allows Worg to tap into the vast resources and opportunities available in these two major pharmaceutical hubs.
Worg's business model revolves around the development of a pipeline for immunotherapy treatments. This involves creating new drugs internally and partnering with other companies externally. The company's flexible approach allows it to adapt to the changing needs and opportunities in the pharmaceutical industry.
Worg's primary revenue stream comes from the commercialization of its drugs. Once a drug is developed and approved for use, it is sold to healthcare providers who then prescribe it to patients. The company's leadership team, comprised of international executives from China, the United States, and Europe, brings a wealth of experience in life science, pharmaceutical development, regulatory affairs, and commercialization, which positions the company well for success in this highly competitive market.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Hangzhou, China
- Open positions
- None listed
- Dealroom signal
- 25.0/100
- Industry
- Health
- Sub-industry
- Pharmaceutical, BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
- Investment activity
- 1 company, latest Nov 2023
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES DOther financing | Dec 2025 | $43M | $760M | Hefei Hi-Tech Venture Capital · Shenzhen Investment Holdings · PICC Capital Investment Management · LongRiver Investments | ↗ |
| SERIES DOther financing | Nov 2024 | $28M | $760M | Tsing Song Capital · PICC Capital Investment Management | ↗ |
Growth signals
Latest recorded traffic for Baiming Xinkang Biotechnology is 250 monthly website visits, down 87.5% 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 A3 investors entered at this stage
- KCKaitai Capital
- PCPuhua Capital
Junson Capital
Series B and later11 investors entered at this stage
Detong Capital- KCKangjun Capital
- BCBairun Capital
- YFYSIM Fund
- SCSee prime capital
- KFKequan Fund
Tsing Song Capital
PICC Capital Investment Management
LongRiver Investments- HCHefei Hi-Tech Venture Capital
- SHShenzhen Investment Holdings
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Baiming Xinkang 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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