Dawnrays Pharmaceutical
↗Suzhou, China
Dawnrays Pharmaceutical (Holdings) Limited is a prominent Hong Kong-listed pharmaceutical group (HKEX: 2348) established in 1995, with its primary manufacturing and R&D operations based in Suzhou, China. The company specializes in the development, manufacture, and sale of cephalosporin antibiotics and various system-specific medicines, including cardiovascular, anti-viral (Hepatitis B), and anti-allergy drugs. It is recognized as one of the few vertically integrated manufacturers in China for third-generation cephalosporins, utilizing advanced solvent crystallization technology.
In recent years, Dawnrays has transitioned from a pure generic manufacturer to a hybrid model focusing on 'first-to-market' generics and improved innovative drugs. The company operates through several subsidiaries, including Suzhou Dawnrays Pharmaceutical and Fujian Dawnrays Pharmaceutical, and maintains a strong market presence with its 'An' series of anti-hypertensive products and 'Rallyado' (Entecavir).
CLASSIFICATION
Company Type:Pharma
Therapeutic Areas:
Industry:Pharmaceuticals
Sub-Industry:Generics and Innovative Therapeutics
SIZE & FINANCIALS
Employees:1001-5000
Revenue:$150M-$200M
Founded:1995
Ownership:public
Status:operating
FUNDING
Stage:Post-IPO
Investors:Public Markets, Fortune United Group Limited (Ultimate Holding Company)
STOCK
Exchange:LSE
Ticker:2348.HK
Market Cap:$237M
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial
Modalities:Small molecule, Antibodies (via former JV)
Active Trials:39
Trial Phases:Phase 1: 5 | Phase 2: 3 | Phase 3: 2 | Phase 4: 1
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Parent Company:Fortune United Group Limited
Subsidiaries:Suzhou Dawnrays Pharmaceutical Co., Ltd., Fujian Dawnrays Pharmaceutical Co., Ltd., Lanzhou Dawnrays Pharmaceutical Co., Ltd., Suzhou Dawnrays Pharmaceuticals Trading Co., Ltd., Dawnrays International Company Limited
Key Partnerships:GSK (Distribution of Entecavir in HK/Macau), Akeso Biopharma (Former JV partner for biologics)
COMPETITION
Position:Leader
Competitors:Hansoh Pharmaceutical, Sino Biopharmaceutical, CSPC Pharmaceutical Group, Sichuan Kelun Pharmaceutical
LEADERSHIP
Key Executives:
Li Kei Ling - Chairman & Executive Director
Yu Liwei - CEO
Wu Yijun - CFO
Scientific Founders:Li Kei Ling, Hung Yung Lai
Board Members:Li Kei Ling, Hung Yung Lai, Hu Shuo (Non-Executive Director), Ede Hao Xi (Independent Non-Executive)
LINKS
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