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BioCentury
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Ascentage Pharma Group International

Headquarters: Suzhou, China
Year Founded: 2009
Status: Public
Industry Sector: HealthTechnology
CEO: Da Jan Yang, MD, PhD
Number Of Employees: 583
Enterprise Value: $1,087,089,627
PE Ratio: -27.63
Exchange/Ticker 1: HKEX:6855
Exchange/Ticker 2: NASDAQ:AAPG
Latest Market Cap: $1,662,828,382

BioCentury | Jan 24, 2025
Finance

Ascentage lists on NASDAQ as Odyssey, Sionna, Aardvark plot IPOs

In BioCentury’s Finance Report, two more companies plan Hong Kong listings; Disc Medicine, Arctic raise cash
BioCentury | Jun 18, 2024
Deals

Deals Report: Syncona merging Freeline, SwanBio to form Spur

Plus: AbbVie licenses TL1A mAb from FutureGen for IBD, and updates from Takeda, Ascentage, Pfizer, ProFound and more
BioCentury | Jun 14, 2024
Finance

Public Equity Report: IPO action from QuantumPharm, Ascentage, Alumis, Telix

Plus: Fundraising by Avidity, Ultragenyx, ProKidney, Disc Medicine, Opthea and Replimmune
BioCentury | Feb 4, 2023
Market Access

Rare diseases, MNCs grow presence on China’s NRDL

Even with big price reductions, China’s national reimbursement list is a lure for drug developers around the globe
BioCentury | Dec 14, 2022
Deals

Dec. 13 Quick Takes: GSK grows oligo presence with Wave collaboration

Plus: Flagship launches Montai and updates from Peroxitech, Tellus, Ascentage, Aeon, Genomics England, Metriopharm
BioCentury | Nov 30, 2021
Management Tracks

Tolstrup stepping up at Lundbeck

Plus: Neomorph, Becton Dickinson, Karuna, Ascentage and Hummingbird
BioCentury | Aug 27, 2021
Distillery Therapeutics

Blocking IAP to treat tuberculosis

BioCentury | Jul 14, 2021
Deals

Innovent, Ascentage pave new model for China biotech deals

Innovent to take $50M equity stake in Ascentage and provide $30M up front, up to $115M in milestones
BioCentury | Mar 1, 2021
Deals

With Phase III started in head and neck cancer, Debiopharm partners lead program with Germany’s Merck

Debiopharm will bank €188 million ($226.6 million) for pipeline development now that the biotech has partnered lead program xevinapant with Merck KGaA, adding the German biopharma’s
BioCentury | Sep 4, 2020
Product Development

Rain to advance growing precision oncology pipeline with $63M series B

A crossover-heavy $63 million series B round will provide Rain with enough money to bring what it says is its new lead program — a newly licensed cancer therapy from Daiichi Sankyo —
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