Asieris Pharmaceuticals Funding, Investors & Competitors

Asieris Pharmaceuticals has raised $176M across 4 funding rounds, most recently a $106M Series D in November 2020.

Last Asieris Pharmaceuticals funding round

$106M

Series D · Nov 2020

Cumulative funding Asieris Pharmaceuticals raised

$176M

across 4 funding rounds

Key investors in Asieris Pharmaceuticals

  • Kaitai Capital
  • Lapam Capital
  • Yanchuang Capital
  • Qiming Venture Partners
  • Shenzhen Guozhong Venture Capital Management
  • BioTrack Capital
  • EFung Capital
  • Yingke Capital

Asieris Pharmaceuticals Overview

About Asieris Pharmaceuticals

Asieris Pharmaceuticals is a Shanghai-headquartered biopharmaceutical company targeting oncology and anti-infective therapies for multidrug-resistant bacteria. The firm advances pipeline candidates like APL-1202 for non-muscle invasive bladder cancer through clinical trials in China and internationally.


Founded

2010

HQ

ChinaShanghai

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Asieris Pharmaceuticals Funding History

Asieris Pharmaceuticals has raised a total of $176M across 4 funding rounds.

Asieris Pharmaceuticals' first fundraising round was a $15M Series B in December 2017. The most recent completed round was a $106M Series D in November 2020.

Asieris Pharmaceuticals funding rounds

Asieris Pharmaceuticals funding rounds
DateStageInvestorsRaisedDeal Summary
Nov 2020Series DQiming Venture Partners (lead)$106MAsieris Pharmaceuticals is a global innovative pharmaceutical company specializing in the treatment of genitourinary tumors and related diseases. Founded in 2010, the company has developed three core technology platforms: targeted immunomodulator normalization (TIMN), prodrug and accurate drug delivery (PADD), and targeted protein degradation (FASTac), with multiple programs in clinical and preclinical development. Qiming Venture Partners led Asieris's Series D financing round in 2020 as part of its broader healthcare investment portfolio. The company subsequently went public on the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange on January 7, 2022, with an issue price of CNY 22.98 per share and an initial market capitalization of CNY 13.1 billion, marking Qiming's first IPO in 2022. Post-IPO, Asieris achieved significant commercial traction, with 2024 representing its first full year of commercialization and generating operating revenue of RMB 202 million, demonstrating successful market entry with two commercialized products reaching over 1,000 and 500 target hospitals respectively. The company maintains a strong financial position with approximately RMB 1.89 billion in cash and cash equivalents as of end of 2024, while advancing 12 products in its pipeline and 16 ongoing research projects.
Jun 2020Series CTigermed; Yingke Capital; Huayin Finance & Investment; BioTrack Capital; Yanchuang Capital$41M-
Mar 2020Series CYanchuang Capital (lead); Shenzhen Guozhong Venture Capital Management; Kaitai Capital; EFung Capital; Lapam Capital$14M-
Dec 2017Series BLapam Capital (lead); Kaitai Capital; ZGC Group; Phoenix Fund$15M-

Who has invested in Asieris Pharmaceuticals?

12 investors have backed Asieris Pharmaceuticals across its funding rounds, including Kaitai Capital, Lapam Capital, Yanchuang Capital, Qiming Venture Partners, Shenzhen Guozhong Venture Capital Management and BioTrack Capital.

Lead investors include Qiming Venture Partners, Yanchuang Capital and Lapam Capital.


Asieris Pharmaceuticals Investors

Investors in Asieris Pharmaceuticals by funding rounds participated
InvestorHQRoundsRoleFirst check
Kaitai CapitalChinaHangzhou2ParticipantDec 2017
Lapam CapitalChinaBeijing2LeadDec 2017
Yanchuang CapitalChinaBeijing2LeadMar 2020
Shenzhen Guozhong Venture Capital ManagementChinaShenzhen1ParticipantMar 2020
TigermedChinaHangzhou1ParticipantJun 2020
Yingke CapitalChinaFuzhou1ParticipantJun 2020
EFung CapitalChinaShenzhen1ParticipantMar 2020
ZGC GroupChinaBeijing1ParticipantDec 2017
Phoenix FundChinaBeijing1ParticipantDec 2017
Qiming Venture PartnersChinaShanghai1LeadNov 2020

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Asieris Pharmaceuticals Competitors

Asieris Pharmaceuticals competitors include listed companies like Eli Lilly, Johnson & Johnson, AbbVie and Merck, and private ones like Biosplice Therapeutics and Biocon Biologics.

Public and private companies comparable to Asieris Pharmaceuticals
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Eli LillyUnited StatesUnited StatesPublicly listed$65B$28B$1.0T13.1x
Johnson & JohnsonUnited StatesUnited StatesPublicly listed$94B$40B$651B6.8x
AbbVieUnited StatesUnited StatesPublicly listed$61B$17B$467B8.1x
MerckUnited StatesUnited StatesPublicly listed$65B$28B$363B6.2x
Biosplice TherapeuticsUnited StatesSan Diego, CAPrivate--$12B-
Biocon BiologicsIndiaBangalorePrivate$1.1B-$4.5B4.2x

Asieris Pharmaceuticals Public Comps

Asieris Pharmaceuticals is still privately-owned, but its public comps include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Roche, Novartis, AstraZeneca, Amgen, Novo Nordisk and Gilead Sciences.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Eli Lilly$65B$28B16.5x13.1x38.7x27.0x
Johnson & Johnson$94B$40B7.2x6.8x17.0x18.3x
AbbVie$61B$17B8.7x8.1x30.6x17.6x
Merck$65B$28B6.3x6.2x14.7x21.0x
Roche$77B$26B5.0x4.9x14.6x12.4x
Novartis$57B$22B5.5x5.5x14.2x13.3x
AstraZeneca$59B$19B4.8x4.5x14.6x12.7x
Amgen$37B$17B6.8x6.5x14.8x14.4x

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Common questions about Asieris Pharmaceuticals

When was Asieris Pharmaceuticals founded?Asieris Pharmaceuticals was founded in 2010.
Where is Asieris Pharmaceuticals headquartered?Asieris Pharmaceuticals is headquartered in Shanghai, China.
Is Asieris Pharmaceuticals publicly listed?No, Asieris Pharmaceuticals is a private, VC-backed company.
How much funding has Asieris Pharmaceuticals raised?Asieris Pharmaceuticals has raised $176M across 4 funding rounds.
What was Asieris Pharmaceuticals' last funding round?Asieris Pharmaceuticals' last funding round was a $106M Series D in November 2020, led by Qiming Venture Partners.
Who are Asieris Pharmaceuticals' investors?Asieris Pharmaceuticals' investors include Kaitai Capital, Lapam Capital, Yanchuang Capital, Shenzhen Guozhong Venture Capital Management, Tigermed, Yingke Capital, EFung Capital, ZGC Group, Phoenix Fund, Qiming Venture Partners and 2 others.
Which companies are comparable to Asieris Pharmaceuticals?Companies comparable to Asieris Pharmaceuticals include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Biosplice Therapeutics and Biocon Biologics.

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