Jiangsu Hengrui Medicine

Jiangsu Hengrui Medicine

600276.SS
China

Jiangsu Hengrui Medicine Co., Ltd. is a leading Chinese pharmaceutical company founded in 1970, headquartered in Lianyungang, Jiangsu Province. The company has evolved from producing generic drugs to becoming a major innovator in oncology, with particular strength in developing novel cancer treatments, anesthesia drugs, and medical imaging contrast agents. Hengrui has established itself as one of China's most valuable pharmaceutical companies with significant R&D investments and an expanding global footprint.

600276.SS · Stock Price

USD 53.64+7.41 (+16.03%)
Market Cap: $52.0B

Historical price data

AI Company Overview

Jiangsu Hengrui Medicine Co., Ltd. is a leading Chinese pharmaceutical company founded in 1970, headquartered in Lianyungang, Jiangsu Province. The company has evolved from producing generic drugs to becoming a major innovator in oncology, with particular strength in developing novel cancer treatments, anesthesia drugs, and medical imaging contrast agents. Hengrui has established itself as one of China's most valuable pharmaceutical companies with significant R&D investments and an expanding global footprint.

OncologyAnesthesiaContrast ImagingPain ManagementHematology

Technology Platform

Integrated pharmaceutical platform specializing in small molecule and biologic drug discovery, with particular expertise in immuno-oncology, antibody-drug conjugates, and precision medicine approaches.

Pipeline

719
719 drugs in pipeline142 in Phase 3
DrugIndicationStageWatch
Remimazolam TosilateSedation in the Upper Gastrointestinal EndoscopyApproved
Henagliflozin 10 mg daily + Metformin 1700 mg dailyMetabolic Dysfunction-associated Steatotic Liver DiseaseApproved
ImrecoxibKnee OsteoarthritisApproved
IvarmacitinibRheumatoid ArthritisApproved
Bupivacaine Liposome InjectionLocal Analgesia Via InfiltrationApproved

Funding History

1
IPOUndisclosedOct 15, 2000

Opportunities

Significant growth opportunities exist in international market expansion, particularly in oncology where Hengrui's innovative drugs could capture global market share.
The company's strong pipeline and manufacturing capabilities position it well for continued domestic market leadership and international partnerships.

Risk Factors

Key risks include intense competition in core therapeutic areas, regulatory challenges in international markets, and potential policy changes in China's healthcare system.
The company also faces execution risk in managing its rapid global expansion while maintaining product quality and regulatory compliance.

Competitive Landscape

Hengrui competes with leading Chinese biotech companies like BeiGene and Innovent Biologics domestically, while facing global competition from established players like Roche, Merck, and Bristol Myers Squibb in oncology. The company differentiates itself through its comprehensive commercial infrastructure in China, cost-effective development model, and growing international capabilities.