Innolake Pharmaceuticals (Hangzhou)

Innolake Pharmaceuticals (Hangzhou)

A clinical stage biotech company, dedicated to developing innovative medicines against cancer and autoimmune diseases. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD85—128m (Dealroom.co estimates Jun 2023.)
小营街道 Zhejiang (HQ)
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DateInvestorsAmountRound
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CNY300m

Seed
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CNY100m

Series A
Total FundingAUD85.0m

Recent News about Innolake Pharmaceuticals (Hangzhou)

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Innolake Biopharm is a clinical-stage biotech company focused on developing innovative medicines to combat cancer and autoimmune diseases. Co-founded in 2020 by industry veterans Dr. Mingde Xia and Mr. Robert Chen, the company leverages their extensive experience in the pharmaceutical industry. Innolake operates in the biopharmaceutical market, serving patients worldwide who are in need of advanced therapeutic solutions. The business model revolves around in-house research and development (R&D) as well as strategic partnerships with multinational corporations (MNCs) and other biotech companies. This approach has enabled Innolake to build a robust pipeline of over ten drug candidates, two of which have already entered the clinical stage. The company generates revenue through the development and eventual commercialization of these proprietary drugs. Innolake's commitment to innovation is underscored by its continuous investment in proprietary technology platforms and R&D capabilities. Recently, the company was recognized as a 'Next Enterprise' and listed among the China Biopharmaceutical Industry Innovation Top 100.

Keywords: biotech, cancer, autoimmune diseases, clinical-stage, innovative medicines, R&D, drug candidates, partnerships, proprietary technology, global.