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Yantai pharmaceutical company developing traditional Chinese medicine and bio-pharmaceuticals, with CDMO services.
Based in Yantai, China and established in 1993, Yantai Rongchang Pharmaceutical works in traditional Chinese medicine, small molecule and bio-pharmaceuticals, and CDMO services. It holds 94 drug registration numbers and 70 patents, and its products include Gangtai for anorectal disease and Endostar, a first-in-class anti-cancer treatment. In December 2017 the company raised CNY 1 billion in strategic investment, and it is at the Series B stage.
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