• Follow Us On : 

Great Bay Bio injected with 2.5 Million USD of Convertible Note


Redaksi | Selasa,14 Januari 2020 - 19:50:49 WIB
Dibaca: 158 kali 
Great Bay Bio injected with 2.5 Million USD of Convertible Note

CHINA - EQS Newswire -14 January 2020 - Recently, Great Bay Bio signed off convertible note, and the company will be injected with 2.5 million USD by existing shareholders, which including renowned financial institute and family foundation. Such injection of funds fully shows the confidence and support by existing shareholders to Great Bay Bio for its results in 2019.

Capital will be injected into projects, to further optimize CMC service platform and product pipeline development of Great Bay Bio. Dr. Chen Liang, the CEO of Great Bay Bio, said: "Progress for Great Bay Bio projects has exceeded expectations with remarkable results. We will continue putting our effort into projects in response to the affirmation and support of Great Bay Bio shareholders."

About Great Bay Bio
Headquartered in Hong Kong, the CMC/CDMO platform of Great Bay Bio was established in 2002, where originally more than 100 million yuan was invested to build a national level CMC platform. The CMC/CDMO platform has independent and integrated technology platforms for drug R&D and large scale preparation.

The company has a strong existing track record of developing customized CMC packages for biologic products, some of which are national class I projects of innovative biological new drugs that have already reached NDA stage.

Greta Bay Bio positions itself as a Contract Development and Manufacturing Organization (CDMO), applying AI technology on CMC (Chemistry, Manufacturing, Control) platform for drug development, which targets the headache for recent drug development process including long development timeline and high development cost, and solves such headache with AI+CMC to enhance efficiency and reduce cost.

CMC technology platform runs AI analysis model with massive data out from conventional biologics development, combining AI and biotechnology, so to overcome hurdle for biologics development and greatly reduce development timeline and development cost. With such Great Bay Bio could provide much cheaper, efficient and high-quality drug development service for clients, and also brings much economical drug for society.

The platform has been recognized and certificated as "Patent Fostering Enterprise", "Patent Pilot Enterprise", "National High-tech Enterprise", "Dongguan New R&D Institution", "Guangdong Top Ten Foreign-funded R&D Center" and "Guangdong Genetically Pharmaceutical Engineering Research Center". Since 2006, it has undertaken a number of government projects and obtained crucial breakthroughs in key areas of Guangdong and Hong Kong. More than 20 million yuan have been received from the government to support numerous provincial and national projects, such as "National Major New Drug Innovation"

The CMC platform encompasses an area of over 3100 square meter, and has a whole set of advanced biopharmaceutical research and development hardware, with key equipment from world-class brands such as Sartorius, Bio-Rad, GE Healthcare, and Waters. The pilot workshop is designed strictly in accordance with cGMP requirements, with cleanroom standards of C-level and partial A-level.


Akses Wahanariau.com Via Mobile m.Wahanariau.com
Untuk Berbagi Berita / Informasi / Peristiwa
Silahkan SMS ke nomor HP : 085271472010
atau email ke alamat : [email protected]
Harap camtumkan detail data diri Anda
Pengutipan Berita dan Foto, Cantumkan Wahanariau.com Sebagai Sumber Tanpa Penyingkatan
TULIS KOMENTAR
BERITA TERKAIT
Jumat,04 Januari 2019 - 01:41:13 WIB

Vacancy Falls on Solid Absorption Cushman & Wakefield Releases the Report 2018 Greater China Top Office Demand Trends

HONG KONG, CHINA - Media OutReach - 3 January 2019 - Cushman & Wak

Sabtu,11 Mei 2019 - 02:27:52 WIB

DesignXcel Entering the ''Great'', DesignXcel made its debut exhibition at 125th Canton Fair

CHINA - 10 May 2019 - Co-organised by the Design Council of Hong Kong, Federation of

Jumat,11 Oktober 2019 - 13:27:31 WIB

CPA Congress 2019 Brings Great Minds to Explore the Business Opportunities in the Unusual World

CHINA - 11 October 2019 - CPA Australia, one of the world's largest accounting bodies, held its

Sabtu,01 Desember 2018 - 03:06:30 WIB

Hong Kong Tourism Board Teams Up with National Geographic on Great Outdoors Hong Kong Campaign

Photo by Tugo Cheng   HONG KONG, CHINA - Media OutReach - November 30, 2018 -

Kamis,06 Juni 2019 - 05:49:31 WIB

Greater Bay Area Initiative to Propel Real Estate Investment into Guangzhou and Shenzhen to New Highs

A strong pick-up in investment interest in the GBA with interest narrowly focusing in Guangzhou an

Rabu,23 Oktober 2019 - 14:02:48 WIB

Etiqa accelerates innovation with greatest offerings of insurance APIs in Singapore

SINGAPORE - 23 October 2019 - Etiqa Insurance Singapore has launched its first affiliate portal with

BERITA LAINNYA
Rabu,19 Februari 2020 - 19:20:08 WIB

BNN Minta Oknum Aparat Terlibat Sindikat Narkoba Dihukum Mati

PEKANBARU - Badan Narkotika Nasional (BNN) bersama Bea-Cukai Dumai, Riau, membongkar sindikat penyel

Rabu,19 Februari 2020 - 18:47:22 WIB

DR Huda Sebut PT Bukara Dumai Bisa Disegel

DUMAI - Pakar Hukum Pidana Universitas Islam Riau (UIR) Pekanbaru DR Muhammad Nurul Huda menilai PT

Rabu,19 Februari 2020 - 17:24:13 WIB

Kapolda Riau Ajak Warga Dumai Jaga Kelestarian Hutan dan Lahan

DUMAI – Kepala Kepolisian Daerah Riau Irjen Pol Agung Setya Imam Effendi dalam kunjungan kerja

BERGABUNG DI SINI
KABAR POPULER
IKUTI BERITA KAMI