Atom Bioscience & Pharmaceutical Funding, Investors & Competitors

Atom Bioscience & Pharmaceutical has raised $160M across 4 funding rounds, most recently a $82M Series D in October 2023.

Last Atom Bioscience & Pharmaceutical funding round

$82M

Series D · Oct 2023

Cumulative funding Atom Bioscience & Pharmaceutical raised

$160M

across 4 funding rounds

Key investors in Atom Bioscience & Pharmaceutical

Atom Bioscience & Pharmaceutical Overview

About Atom Bioscience & Pharmaceutical

Atom Bioscience & Pharmaceutical is a clinical-stage biotechnology company headquartered in Shanghai, China. It develops therapies targeting inflammatory and metabolic disorders, with lead candidates addressing chronic gout and non-alcoholic steatohepatitis. The company's pipeline features small-molecule drugs that inhibit key inflammatory pathways, advancing through Phase II clinical trials in multiple regions including the United States and Asia. Atom Bioscience collaborates with contract research organizations for global trial execution and holds patents on its proprietary URAT1 inhibitors for hyperuricemia treatment.


Founded

2012

HQ

ChinaSuzhou

Website

atombp.com

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Atom Bioscience & Pharmaceutical Funding History

Atom Bioscience & Pharmaceutical has raised a total of $160M across 4 funding rounds.

Atom Bioscience & Pharmaceutical's first fundraising round was a $3M Series A in June 2018. The most recent completed round was a $82M Series D in October 2023.

Atom Bioscience & Pharmaceutical funding rounds

Atom Bioscience & Pharmaceutical funding rounds
DateStageInvestorsRaisedDeal Summary
Oct 2023Series DKaitai Capital (lead); Fortune Capital; Unifortune; NNFE Fund Management; HuaJin Securities$82MAtom Bioscience (Jiangsu Atom Bioscience and Pharmaceutical Co., Ltd.) is a clinical-stage biotechnology company focused on developing best-in-class small molecule treatments for inflammatory and metabolic diseases, including chronic gout, hyperuricemia, non-alcoholic steatohepatitis (NASH), and chronic kidney disease. Its lead candidate, ABP-671, is an orally administered URAT1 inhibitor advancing to global pivotal clinical trials, showing significant reductions in serum uric acid levels in earlier studies. Other pipeline assets include ABP-745 for inflammation and acute gout, ABP-6016 for NASH and human papillomavirus, and preclinical candidates like AT6616 and ABP-6118. On October 16, 2023, Atom Bioscience completed a Series D funding round raising approximately $83 million (CNY 600 million), led by Kaitai Capital with participation from Fortune Capital, Huajin Securities (also referred to as Huajin Investment), Unifortune, and NNFE Fund Management (also NNFE Investment). The proceeds are designated for completing global pivotal clinical trials of ABP-671 and advancing other pipeline drugs into clinical stages. This round brings the company's total funding to nearly $165 million across five rounds since its 2012 founding. Prior financings include a $45 million Series C in 2022 led by Xicheng Jinrui Equity Investment Fund and Shenzhen GTJA Investment Group, supporting Phase III trials of ABP-671 and preclinical work, with participants like Efung Capital, Suzhou Oriza Holdings, Kaitai Capital, Livzon Pharmaceutical Group, and Sequoia Capital China. An earlier Series B raised about $30 million, contributing to cumulative financing near CNY 300 million at that time. Post-round developments include a commercialization agreement with China Medical System Holdings for Lingdolinurad (ABP-671) to treat chronic gout and hyperuricemia, and involvement in gout education initiatives. The company has submitted Pre-IND to the U.S. FDA for ABP-745 and plans IND filings in the U.S. and China.
Jan 2022Series CKingray Capital (lead); ShenZhen GTJA Investment Group (lead); Unifortune; Kaitai Capital; EFung Capital; Oriza Holdings; Livzon Pharmaceutical Group; HSG$45M-
May 2020Series BHSG (lead); Livzon Pharmaceutical Group (lead); Kaitai Capital; Fortune Venture Capital$30M-
Jun 2018Series AYouchoose Capital (lead); Ch-gemstone capital$3M-

Who has invested in Atom Bioscience & Pharmaceutical?

14 investors have backed Atom Bioscience & Pharmaceutical across its funding rounds, including Kaitai Capital, HSG, Livzon Pharmaceutical Group, Unifortune, Fortune Venture Capital and Oriza Holdings.

Lead investors include Kaitai Capital, Kingray Capital, ShenZhen GTJA Investment Group, HSG, Livzon Pharmaceutical Group and 1 other investor.


Atom Bioscience & Pharmaceutical Investors

Investors in Atom Bioscience & Pharmaceutical by funding rounds participated
InvestorHQRoundsRoleFirst check
Kaitai CapitalChinaHangzhou3LeadMay 2020
UnifortuneChinaShenzhen2ParticipantJan 2022
Livzon Pharmaceutical GroupChinaZhuhai2LeadMay 2020
HSGHong KongHong Kong2LeadMay 2020
Fortune CapitalUnited StatesMiami, FL1ParticipantOct 2023
ShenZhen GTJA Investment GroupChinaShenzhen1LeadJan 2022
Youchoose CapitalChinaBeijing1LeadJun 2018
EFung CapitalChinaShenzhen1ParticipantJan 2022
Kingray CapitalChinaBeijing1LeadJan 2022
Fortune Venture CapitalChinaShenzhen1ParticipantMay 2020
NNFE Fund ManagementChinaBeijing1ParticipantOct 2023
HuaJin SecuritiesChinaShanghai1ParticipantOct 2023

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Atom Bioscience & Pharmaceutical Competitors

Atom Bioscience & Pharmaceutical 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 Atom Bioscience & Pharmaceutical
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

Atom Bioscience & Pharmaceutical Public Comps

Atom Bioscience & Pharmaceutical 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 Atom Bioscience & Pharmaceutical

When was Atom Bioscience & Pharmaceutical founded?Atom Bioscience & Pharmaceutical was founded in 2012.
Where is Atom Bioscience & Pharmaceutical headquartered?Atom Bioscience & Pharmaceutical is headquartered in Suzhou, China.
Is Atom Bioscience & Pharmaceutical publicly listed?No, Atom Bioscience & Pharmaceutical is a private, VC-backed company.
How much funding has Atom Bioscience & Pharmaceutical raised?Atom Bioscience & Pharmaceutical has raised $160M across 4 funding rounds.
What was Atom Bioscience & Pharmaceutical's last funding round?Atom Bioscience & Pharmaceutical's last funding round was a $82M Series D in October 2023, led by Kaitai Capital.
Who are Atom Bioscience & Pharmaceutical's investors?Atom Bioscience & Pharmaceutical's investors include Kaitai Capital, Unifortune, Livzon Pharmaceutical Group, HSG, Fortune Capital, ShenZhen GTJA Investment Group, Youchoose Capital, EFung Capital, Kingray Capital, Fortune Venture Capital and 4 others.
Which companies are comparable to Atom Bioscience & Pharmaceutical?Companies comparable to Atom Bioscience & Pharmaceutical include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Biosplice Therapeutics and Biocon Biologics.

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