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China One-Stop Bioprocess Company Shanghai Duoning Biotechnology Plans Hong Kong IPO, Raised Funding at $1.4 Billion Valuation in 2023, Founded in 2005 with Current Chairman & CEO Wang Meng Acquiring 60% Stake in 2016 for CNY 180,000, Investors Include Lake Bleu Capital, HongShan Capital Group (Previously Sequoia Capital China), WuXi Biologics, CSPC Pharmaceutical, Akeso & Keymed Biosciences
19th January | Hong Kong
China one-stop bioprocess company Shanghai Duoning Biotechnology has filed for Hong Kong IPO, having raised funding at $1.4 billion valuation in 2023. Shanghai Duoning Biotechnology was founded in 2005 with Current Chairman & CEO Wang Meng acquiring 60% stake in 2016 for CNY 180,000. Shanghai Duoning Biotechnology investors include Lake Bleu Capital, HongShan Capital Group (Previously Sequoia Capital China), WuXi Biologics, CSPC Pharmaceutical, Akeso & Keymed Biosciences. Shanghai Duoning Biotechnology – Duoning Biotech is a leading one-stop bioprocess solutions provider from China, committed to offering products and services required for the discovery, development and commercialization production of biologics, including reagents, consumables, instruments, equipment, and services. Leveraging our integrated bioprocess system, we empower our customers to achieve effective, reliable, lower-cost and higher-quality biologics manufacturing processes.
“ China One-Stop Bioprocess Company Shanghai Duoning Biotechnology Plans Hong Kong IPO, Raised Funding at $1.4 Billion Valuation in 2023, Founded in 2005 with Current Chairman & CEO Wang Meng Acquiring 60% Stake in 2016 for CNY 180,000, Investors Include Lake Bleu Capital, HongShan Capital Group (Previously Sequoia Capital China), WuXi Biologics, CSPC Pharmaceutical, Akeso & Keymed Biosciences “
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China One-Stop Bioprocess Company Shanghai Duoning Biotechnology Plans Hong Kong IPO, Raised Funding at $1.4 Billion Valuation in 2023, Founded in 2005 with Current Chairman & CEO Wang Meng Acquiring 60% Stake in 2016 for CNY 180,000, Investors Include Lake Bleu Capital, HongShan Capital Group (Previously Sequoia Capital China), WuXi Biologics, CSPC Pharmaceutical, Akeso & Keymed Biosciences
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