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Minghui Pharmaceutical

Minghui Pharmaceutical is a Shanghai-based, late-stage biopharmaceutical company pioneering next-generation immuno-oncology therapies, including PD-1/VEGF bispecifics, IGF-1R inhibitors, and its lead B7-H3 ADC (MHB088C). In mid-2025, it secured USD 186 million licensing plus milestone and royalty payments from Qilu Pharma for Greater China rights.

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minghuipharma.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Biopharmaceutical
Biopharmaceutical
Immunology
Immunology
Location
Shanghai
Shanghai
B2X
B2B
B2B
CEO
‌
Guoqing Cao
Email Address
Phone Number
Full Address
Suite 6305, Building 6, 338 Jialilue Road, China
Investors
‌
Wider Link
‌
New Day Fund
‌
BioTrack Capital
5Y Capital
5Y Capital
TF Capital (Shanghai)
TF Capital (Shanghai)
QiMing Venture Partners
QiMing Venture Partners
OrbiMed
OrbiMed
Founded Date
2018
Total Funding Amount (USD)
131,000,000
Latest Funding Round Date
August 7, 2025
Latest Funding Type
Initial public offering (IPO)
Initial public offering (IPO)

Other attributes

Latest Funding Round Amount (USD)
131,000,000
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Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

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