Beilu Pharmaceutical

Beijing Beilu Pharmaceutical Co., Ltd.
Short nameBeilu
Company typePublic
Traded asSZSE: 300016
IndustryPharmaceutical
Founded1992
HeadquartersBeijing
Area servedWorldwide
Beilu Pharmaceutical
Simplified Chinese北陆药业
Traditional Chinese北陸藥業
RevenueIncrease CN¥983 million (2024)
Websitebeilupharma.com

Beilu Pharmaceutical, also known as Beilu Pharma,[1] simply referred to as Beilu, is a Chinese[2] pharmaceutical company[3] founded in 1992. It went public on the Shenzhen Stock Exchange[4] in 2009 and underwritten by UBS.[5] Prior to that, it was listed on the NEEQ.[6] In 2024, the revenue of the firm reached more than 983 million yuan.[7] It is one of the key players in the global contrast media market.[8]

Headquartered in Beijing,[9] Beilu Pharma was financed by Infotech.[10] It had reached required standards to float shares on the Shenzhen second board market in May 2009.[11] In October, the company officially landed on the ChiNext[12] under the stock code "300016". The company also has an equity stake in Shihe Gene.[13] In 2022, it set up a wholly-owned subsidiary in Hong Kong.[14]

Products

Beilu Pharma mainly produces gadobutrol injections, gadopentetate dimeglumine injections, and Iohexol injections.[15] Jiuwei Zhenxin Granules and Jinlianhua Granules are the company's representative products.[7]

History

Beilu Pharma was set up in 1992.[16] In 2008, it secured more than 66.6 million yuan in funding from investors.[17] In 2009, in its GEM Board IPO, the company raised more than 300 million yuan.[18]

In May 2016, Beilu Pharma established an industry buyout fund worth 610 million yuan.[19] In 2017, its net profit amounted to more than 118 million yuan.[20] In 2020, the company raised $70.42 million.[21]

References

  1. ↑ Li Yan; Yang Ge (June 28, 2017). "Gene Bank Operator to Launch IPO Share Sale Next Week". Caixin.
  2. ↑ "Chinese Drugmakers Shine on the Global Stage". The Wall Street Journal. December 28, 2012.
  3. ↑ "Hong Kong stocks close 0.69% stronger". The Australian. June 3, 2015. Archived from the original on March 22, 2026.
  4. ↑ "Hong Kong stocks end 0.47% down, Shanghai rallies 1.69%". AFP. June 2, 2015.
  5. ↑ Chao Deng (September 12, 2012). "UBS China Looks to Smaller Firms for Growth". The Wall Street Journal.
  6. ↑ Jiazhuo G. Wang; Juan Yang (2016). Financing without Bank Loans. Springer. p. 143.
  7. 1 2 Chen Xi (April 17, 2025). "Beilu Pharmaceutical Releases Its 2024 Annual Report". Shanghai Securities Journal. Archived from the original on March 22, 2026.
  8. ↑ "Contrast Media Market 2024-2028". Research and Markets. August 19, 2024. Archived from the original on March 22, 2026.
  9. ↑ Ferguson Evans (2025). Japan and the Rise of China: Power Dynamics and Business Relations. Routledge.
  10. ↑ "Beilu Pharma Raises 66.6 Million RMB". BioSpace. August 26, 2008.
  11. ↑ Vivian Wai-yin Kwok (May 6, 2009). "The Nasdaq Of China Is Coming". Forbes.
  12. ↑ "Shenzhen Exchange Tightens ChiNext Rules". The Wall Street Journal. January 7, 2010. Archived from the original on March 22, 2026.
  13. ↑ Ma Danmeng (August 15, 2020). "Numerous genetic testing companies complete their IPOs". Caixin.
  14. ↑ "A Global and Regional Analysis: Focus on Product and Country Analysis". Research and Markets. June 12, 2023. Archived from the original on March 22, 2026.
  15. ↑ Yuxin Zhang (November 18, 2024). "Prediction of esophageal fistula in radiotherapy/chemoradiotherapy for patients with advanced esophageal cancer by a clinical-deep learning radiomics model". Springer.com. Archived from the original on March 22, 2026.
  16. ↑ "Beijing steps up investments in Tianjin and Hebei". Xinhua News Agency. Beijing Daily. February 24, 2017.
  17. ↑ Ying Huang (August 25, 2008). "Beilu Pharmaceutical Raises Funds For CT Contrast Agents". Scrip. ISSN 0143-7690. Archived from the original on March 22, 2026.
  18. ↑ Shankar Ramakrishnan; Fiona Lau; Daniel Stanton (November 19, 2009). "Equity House, Australia and New Zealand Equity House". International Financing Review. Archived from the original on March 22, 2026.
  19. ↑ Reuters Staff. "Beilu Pharmaceutical to establish industry buyout fund worth 610 mln yuan". Reuters. April 28, 2016. Archived from the original on March 22, 2026.
  20. ↑ The Competitiveness Report of Zhongguancun Listed Companies (2019). Springer. 2019. p. 286.
  21. ↑ "China Diagnostic Imaging Market Outlook to 2025". GlobalData. June 30, 2020. Archived from the original on March 22, 2026.