Shanghai Allist Pharmaceuticals

Shanghai Allist Pharmaceuticals

688578.SS
Shanghai, China· Est.
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688578.SS · Stock Price

CNY 96.32+11.33 (+13.33%)
Market Cap: $6.3B

Historical price data

Overview

Shanghai Allist Pharmaceuticals, founded in 2004, is a publicly traded biopharmaceutical innovator with a mission to leverage technology for improving patient lives. The company has successfully transitioned from a research organization to an integrated enterprise with a focus on kinase inhibitors for oncology and drugs for metabolic diseases, culminating in a high-profile IPO on the Shanghai STAR Market. Its strategy centers on advancing a deep clinical pipeline, capitalizing on China's supportive innovation policies, and pursuing global partnerships to maximize the value of its novel therapeutics.

OncologyMetabolic Diseases

Technology Platform

A proprietary, integrated platform for small-molecule drug discovery with core expertise in structure-based design and optimization of kinase inhibitors, enabling efficient progression from target identification to clinical candidate selection.

Pipeline

2
2 drugs in pipeline
DrugIndicationStageWatch
Furmonertinib + AnlotinibNon-Small-Cell Lung CancerPhase 2
TKILung Cancer (NSCLC)Pre-clinical

Funding History

3
Total raised:$355M
IPO$300M
Series B$40M
Series A$15M

Opportunities

The massive and growing oncology market in China, driven by supportive government policies for domestic innovation, presents a major near-term opportunity.
Long-term, Allist's innovative pipeline has significant global out-licensing potential, offering a path to value creation beyond the domestic market.

Risk Factors

High dependency on the success of lead candidate AL2846 in Phase III trials poses significant clinical and concentration risk.
Post-approval, the company faces intense commercial competition and pricing pressure in China's dynamic healthcare market.

Competitive Landscape

Allist competes in the crowded but high-growth Chinese biotech sector, directly challenging other c-Met inhibitors and novel oncology therapies. Its differentiation lies in its integrated R&D platform and late-stage asset, but it must prove its commercial execution capabilities against both multinational and domestic rivals.