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

Taibang Biological Group Overview

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

ChinaBeijing

Status

Acquired

Customer focus

B2B

Revenue model

Product sales

Revenue

$524M (Nov 2020)

Valuation

$6B (Aug 2022)

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.

Taibang Biological Group acquisition details
AcquirerDateTypePriceEV/RevenueEV/EBITDA
  • Centurium Capital
19 Nov 2020PE buyout$4.8B9.1x20.7x

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

Taibang Biological Group valuation by funding round
DateStageValuation
Aug 2022Undisclosed 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

Taibang Biological Group funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Aug 2022Undisclosed stageAbu Dhabi Investment Authority (lead); GIC (lead); Cinda Securities; China Life Investment Holding$300M$6BTaibang 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

Investors in Taibang Biological Group by funding rounds participated
InvestorHQRoundsRoleFirst check
Abu Dhabi Investment AuthorityUAEAbu Dhabi1LeadAug 2022
GICSingaporeSingapore1LeadAug 2022

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Taibang 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.

Public and private companies comparable to Taibang Biological Group
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Samsung BioepisSouth KoreaSouth KoreaPublicly listed$1.2B$310M$6B5.9x
Scholar RockUnited StatesUnited StatesPublicly listed-($383M)$6B1214.0x
China Resources SanjiuChinaChinaPublicly listed$4.7B$930M$5.9B1.6x
Travere TherapeuticsUnited StatesUnited StatesPublicly listed$491M$9M$6.1B9.5x
Biocon BiologicsIndiaBangalorePrivate$1.1B-$4.5B4.2x
Intas PharmaceuticalsIndiaAhmedabadPrivate$2B-$4.3B2.1x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Samsung Bioepis$1.2B$310M6.6x5.9x24.6x17.2x
Scholar Rock-($383M)-1214.0x(14.8x)(13.5x)
China Resources Sanjiu$4.7B$930M1.7x1.6x8.5x8.5x
Travere Therapeutics$491M$9M12.7x9.5x656.0x23.2x
Liquidia$158M($50M)38.0x10.5x(120.7x)-
Gan and Lee$604M$216M9.3x8.1x26.1x21.3x
Kiniksa Pharmaceuticals$678M$90M8.4x6.3x62.7x40.1x
Cogent Biosciences-($336M)-1234.0x(15.7x)(14.1x)

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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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