MabPlex International Funding, Investors & Competitors

MabPlex International has raised $130M across 2 funding rounds, most recently a $71M Series B in June 2020.

Last MabPlex International funding round

$71M

Series B · Jun 2020

Cumulative funding MabPlex International raised

$130M

across 2 funding rounds

Key investors in MabPlex International

  • Shenzhen Capital Group
  • DT Capital Partners
  • SDIC Venture Capital
  • Zhuhai Huajin Capital Co
  • Antagene
  • Apic Bio
  • APOLLOMICS
  • Hangzhou Kang Sheng Health Management

MabPlex International Overview

About MabPlex International

MabPlex International is a China-based CDMO offering end-to-end biomanufacturing from cell line development to fill-finish for monoclonal antibodies, ADCs, and bispecifics. Facilities in Pudong feature 2000L bioreactors compliant with FDA and EMA standards. Founded in 2018, MabPlex serves global clients including Pfizer with process optimization services.


Founded

2013

HQ

United StatesSan Francisco, CA

Status

Privately held

Customer focus

B2B

Revenue model

Services

MabPlex International Funding History

MabPlex International has raised a total of $130M across 2 funding rounds.

MabPlex International's first fundraising round was a $59M Series A in January 2019. The most recent completed round was a $71M Series B in June 2020.

MabPlex International funding rounds

MabPlex International funding rounds
DateStageInvestorsRaisedDeal Summary
Jun 2020Series BDT Capital Partners (lead); Zhuhai Huajin Capital Co (lead)$71M-
Jan 2019Series ASDIC Venture Capital (lead); Shenzhen Capital Group (lead); Yuce Biological Technology; Hangzhou Kang Sheng Health Management; Thousand Oaks Biopharmaceuticals; Apic Bio; Antagene; APOLLOMICS$59MMabPlex International is a Contract Development and Manufacturing Organization (CDMO) based in Yantai, Shandong Province, China, providing biopharmaceutical development and manufacturing services including monoclonal antibodies, recombinant proteins, antibody-drug conjugates, and bispecific antibodies. The company operates research, development, and manufacturing facilities in Yantai and Shanghai, China, as well as San Diego, California. MabPlex had successfully launched 10 IND filings for clients and provided Phase I and Phase II clinical trial manufacturing services prior to 2019. The company's manufacturing capabilities included a 50,000 square meter facility with multiple GMP production lines capable of handling 200 to 12,000 liters of biopharmaceutical production. In January 2019, MabPlex closed a Series A financing round raising RMB 400 million (approximately $56.5 to $59 million) led by SDIC Venture Capital and Shenzhen Capital Group, with participation from other investors including Apic Bio and additional venture firms. The company later completed a Series B financing round in 2019 raising over RMB 500 million (approximately $70.7 million) and subsequently listed on the Hong Kong Stock Exchange (stock code 6955) in December 2022.

Who has invested in MabPlex International?

10 investors have backed MabPlex International across its funding rounds, including Shenzhen Capital Group, DT Capital Partners, SDIC Venture Capital, Zhuhai Huajin Capital Co, Antagene and Apic Bio.

Lead investors include DT Capital Partners, Zhuhai Huajin Capital Co, SDIC Venture Capital and Shenzhen Capital Group.


MabPlex International Investors

Investors in MabPlex International by funding rounds participated
InvestorHQRoundsRoleFirst check
DT Capital PartnersChinaChina1LeadJun 2020
Yuce Biological TechnologyChinaShenzhen1ParticipantJan 2019
Hangzhou Kang Sheng Health ManagementChinaChina1ParticipantJan 2019
Zhuhai Huajin Capital CoChinaZhuhai1LeadJun 2020
Thousand Oaks BiopharmaceuticalsChinaChina1ParticipantJan 2019
Shenzhen Capital GroupChinaShenzhen1LeadJan 2019
Apic BioUnited StatesUnited States1ParticipantJan 2019
AntageneFranceLyon1ParticipantJan 2019

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MabPlex International Competitors

MabPlex International competitors include listed companies like Lonza Group and Eli Lilly, and private ones like BioRay Pharmaceuticals, Belief BioMed, Letu and Sonoma Biotherapeutics.

Public and private companies comparable to MabPlex International
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Lonza GroupSwitzerlandSwitzerlandPublicly listed$7.9B$2.5B$46B5.9x
BioRay PharmaceuticalsChinaShanghaiPrivate$131M-$1.9B14.5x
Belief BioMedChinaShanghaiPrivate--$1.3B-
LetuChinaShenzhenPrivate--$1.1B-
Sonoma BiotherapeuticsUnited StatesSan Francisco, CAPrivate--$732M-
Eli LillyUnited StatesUnited StatesPublicly listed$65B$28B$1.0T13.1x

MabPlex International Public Comps

MabPlex International 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 MabPlex International

When was MabPlex International founded?MabPlex International was founded in 2013.
Where is MabPlex International headquartered?MabPlex International is headquartered in San Francisco, CA, United States.
Is MabPlex International publicly listed?No, MabPlex International is a private, VC-backed company.
How much funding has MabPlex International raised?MabPlex International has raised $130M across 2 funding rounds.
What was MabPlex International's last funding round?MabPlex International's last funding round was a $71M Series B in June 2020, led by DT Capital Partners and Zhuhai Huajin Capital Co.
Who are MabPlex International's investors?MabPlex International's investors include DT Capital Partners, Yuce Biological Technology, Hangzhou Kang Sheng Health Management, Zhuhai Huajin Capital Co, Thousand Oaks Biopharmaceuticals, Shenzhen Capital Group, Apic Bio, Antagene, SDIC Venture Capital and APOLLOMICS.
Which companies are comparable to MabPlex International?Companies comparable to MabPlex International include Lonza Group, BioRay Pharmaceuticals, Belief BioMed, Letu, Sonoma Biotherapeutics and Eli Lilly.

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