- Companies
- Taibang Biological Group
Taibang Biological Group Acquisition, Valuation, Funding & Investors
Taibang Biological Group was acquired by Centurium Capital for $4.8B in November 2020, a 9.1x multiple on $524M of revenue.
Taibang Biological Group acquisition price
$4.8B
Acquired by Centurium Capital · Nov 2020
Taibang Biological Group revenue at acquisition
$524M
Last twelve months · Nov 2020
Taibang Biological Group revenue multiple at acquisition
9.1x
EV/Revenue · Nov 2020
Taibang Biological Group EBITDA multiple at acquisition
20.7x
EV/EBITDA · Nov 2020
About Taibang Biological Group
Taibang Biological Group, operating as China Biologic Products Holdings, is a Jinan-headquartered biopharmaceutical company in Shandong Province manufacturing plasma-derived products including human albumin, immunoglobulin, and coagulation factors. It conducts plasma collection at stations across China and produces biologics for hospitals and clinics nationwide.
Founded
2002
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Product sales
Revenue
$524M (Nov 2020)
Valuation
$6B (Aug 2022)
Sectors
Taibang Biological Group Acquisition
Taibang Biological Group was acquired by Centurium Capital for $4.8B on 19 November 2020.
The acquisition price implies a 9.1x revenue and 20.7x EBITDA multiple on $524M of revenue.
Before the acquisition Taibang Biological Group had raised $300M across 1 funding round.
| Acquirer | Date | Type | Price | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|
| 19 Nov 2020 | PE buyout | $4.8B | 9.1x | 20.7x |
Taibang Biological Group Valuation
Taibang Biological Group is currently valued at $6B, based on its undisclosed-stage round in August 2022.
The $300M round was led by Abu Dhabi Investment Authority and GIC, with participation from Cinda Securities and China Life Investment Holding.
Taibang Biological Group valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Aug 2022 | Undisclosed stage | $6B |
Taibang Biological Group Funding History
Taibang Biological Group has raised a total of $300M across 1 funding round.
Taibang Biological Group funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2022 | Undisclosed stage | Abu Dhabi Investment Authority (lead); GIC (lead); Cinda Securities; China Life Investment Holding | $300M | $6B | Taibang Biologic Group, founded in 2002 and previously known as China Biologic Products Holdings, Inc. (Nasdaq: CBPO), is a leading Chinese biopharmaceutical company focused on the research, development, manufacturing, and sales of human plasma-based biopharmaceutical products, including albumin, human immunoglobulin, and human coagulation factors. It operates advanced plasma manufacturing sites and possesses world-class R&D capabilities. The company also has a non-plasma products segment featuring items like placental polypeptides, artificial dura mater, and neurosurgery products under the German Zeppelin brand. Following its privatization in April 2021 by a consortium led by Centurium Capital, Taibang conducted its first equity financing in August 2022, raising US$300 million led by Platinum Orchid (a subsidiary of Abu Dhabi Investment Authority) and GIC, with participation from China Life Private Equity Investment and Cinda Kunpeng. The 2022 financing round attracted top-tier international and domestic investors, signaling strong market recognition of Taibang's clinical benefits and shareholder value creation. In 2024, Centurium Capital explored selling its stake, with a potential transaction valuing Taibang at about US$6 billion, according to sources familiar with the deliberations. This stake sale process remained ongoing without a final decision. Earlier, the company had considered a Hong Kong listing in 2022, which did not proceed. Taibang remains privately held post-privatization and financing, with no public stock trading. |
Who has invested in Taibang Biological Group?
4 investors have backed Taibang Biological Group across its funding rounds, including GIC, Abu Dhabi Investment Authority, China Life Investment Holding and Cinda Securities.
Lead investors include Abu Dhabi Investment Authority and GIC.
Taibang Biological Group Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Aug 2022 | ||
| 1 | Lead | Aug 2022 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialTaibang Biological Group Competitors
Taibang Biological Group competitors include listed companies like Samsung Bioepis, Scholar Rock, China Resources Sanjiu and Travere Therapeutics, and private ones like Biocon Biologics and Intas Pharmaceuticals.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $1.2B | $310M | $6B | 5.9x | ||
| Publicly listed | - | ($383M) | $6B | 1214.0x | ||
| Publicly listed | $4.7B | $930M | $5.9B | 1.6x | ||
| Publicly listed | $491M | $9M | $6.1B | 9.5x | ||
| Private | $1.1B | - | $4.5B | 4.2x | ||
| Private | $2B | - | $4.3B | 2.1x |
Taibang Biological Group Public Comps
Taibang Biological Group is no longer listed, but its public comps include Samsung Bioepis, Scholar Rock, China Resources Sanjiu, Travere Therapeutics, Liquidia, Gan and Lee, Kiniksa Pharmaceuticals, Cogent Biosciences, Abbott India and Ligand Pharmaceuticals.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.2B | $310M | 6.6x | 5.9x | 24.6x | 17.2x | |||
| - | ($383M) | - | 1214.0x | (14.8x) | (13.5x) | |||
| $4.7B | $930M | 1.7x | 1.6x | 8.5x | 8.5x | |||
| $491M | $9M | 12.7x | 9.5x | 656.0x | 23.2x | |||
| $158M | ($50M) | 38.0x | 10.5x | (120.7x) | - | |||
| $604M | $216M | 9.3x | 8.1x | 26.1x | 21.3x | |||
| $678M | $90M | 8.4x | 6.3x | 62.7x | 40.1x | |||
| - | ($336M) | - | 1234.0x | (15.7x) | (14.1x) | |||
This data is available for Pro users. Sign up to see all Taibang Biological Group competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Taibang Biological Group
| When was Taibang Biological Group founded? | Taibang Biological Group was founded in 2002. |
| Where is Taibang Biological Group headquartered? | Taibang Biological Group is headquartered in Beijing, China. |
| Is Taibang Biological Group publicly listed? | No, Taibang Biological Group was acquired by Centurium Capital in November 2020. |
| Who acquired Taibang Biological Group? | Taibang Biological Group was acquired by Centurium Capital in November 2020. |
| How much was Taibang Biological Group acquired for? | Taibang Biological Group was acquired for $4.8B in November 2020, a 9.1x revenue multiple. |
| What is Taibang Biological Group's valuation? | Taibang Biological Group was last valued at $6B in its undisclosed-stage round in August 2022. |
| How much funding has Taibang Biological Group raised? | Taibang Biological Group has raised $300M across 1 funding round. |
| What was Taibang Biological Group's last funding round? | Taibang Biological Group's last funding round was a $300M undisclosed-stage round in August 2022, led by Abu Dhabi Investment Authority and GIC. |
| Who are Taibang Biological Group's investors? | Taibang Biological Group's investors include Abu Dhabi Investment Authority, GIC, Cinda Securities and China Life Investment Holding. |
| Which companies are comparable to Taibang Biological Group? | Companies comparable to Taibang Biological Group include Samsung Bioepis, Scholar Rock, China Resources Sanjiu, Travere Therapeutics, Biocon Biologics and Intas Pharmaceuticals. |
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