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HIBio - About the company

HIBio is an acquired company based in Foshan (China), founded in 2021 by Travis Murdoch. It operates as a Developer of precision medicines for autoimmune and inflammatory diseases. HIBio has raised $215M in funding from investors like Arch Venture Partners, Jeito and Monograph, with last known valuation of $*****. The company has 431 active competitors, including 139 funded and 117 that have exited. Its top competitors include companies like BeiGene, Biogen and argenx.
Key Metrics
Founded Year
2021
Location
Foshan, China
Stage
Acquired
Total Funding
$215M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on May 23, 2024
Ranked
Similar Companies
Exit Details
Acquired by Biogen (May 22, 2024)

HIBio's acquisition details

HIBio got acquired by Biogen on May 22, 2024 at an acquisition amount of $*****.
Click here to take a look at HIBio's acquisition in detail
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HIBio's funding and investors

HIBio has raised a total funding of $215M over 2 rounds. Its first funding round was on Nov 01, 2022. Its latest funding round was a Series B round on Jan 04, 2024 for $*****. 5 investors participated in its latest round. HIBio has 6 institutional investors.

Here is the list of recent funding rounds of HIBio:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 04, 2024
5109670
Series B
3249307
6899264
1171182
6199333
Nov 01, 2022
1305637
Series B
1883420
2682143
6382644
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HIBio's founders and board of directors

Founder? Claim Profile
The founders of HIBio is Travis Murdoch. Travis Murdoch is the CEO of HIBio.
Here are the details of HIBio's key team members:
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HIBio's Competitors and alternates

Top competitors of HIBio include BeiGene, Biogen and argenx. Here is the list of Top 10 competitors of HIBio, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for BeiGene
BeiGene
2010, Cambridge (United States), Public
Developer of targeted and immune-oncology drugs against cancer
$172M
81/100
2nd
Logo for Biogen
Biogen
1978, Cambridge (United States), Public
Developer of therapies for neurodegenerative and immunology disorders
$80M
78/100
3rd
Logo for argenx
argenx
2008, Ghent (Belgium), Public
Developer of antibody-based drugs to treat autoimmune diseases and cancer
$61.9M
75/100
4th
Logo for C4 Therapeutics
C4 Therapeutics
2016, Cambridge (United States), Public
Developer of small molecule drugs for treating cancer
$223M
71/100
5th
Logo for Abcellera Biologics
Abcellera Biologics
2012, Vancouver (Canada), Public
AI-enabled platform for antibodies discovery
$115M
71/100
6th
Logo for BioNTech
BioNTech
2008, Mainz (Germany), Public
Developer of immunotherapeutics for the treatment of cancer and other diseases
$861M
69/100
7th
Logo for Immunocore
Immunocore
2008, Abingdon (United Kingdom), Public
Developer of bispecific T cell receptor therapies for human diseases
$601M
69/100
8th
Logo for ADMA Biologics
ADMA Biologics
2005, Ramsey (United States), Public
Biopharmaceutical company innovating plasma-derived therapeutics for immune deficiencies and infectious diseases
$17.6M
68/100
9th
Logo for Nimbus Therapeutics
Nimbus Therapeutics
2009, Cambridge (United States), Series F
Developer of targeted therapeutics for cancer, metabolic and inflammatory diseases
$637M
68/100
10th
Logo for DBV Technologies
DBV Technologies
2002, Bagneux (France), Public
Developer of products for the treatment of various kinds of food allergies
$68.9M
68/100
141st
Logo for HIBio
HIBio
2021, Foshan (China), Acquired
Developer of precision medicines for autoimmune and inflammatory diseases
$215M
42/100
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HIBio's Investments and acquisitions

HIBio has made no investments or acquisitions yet.

Reports related to HIBio

Here is the latest report on HIBio's sector:

News related to HIBio

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FDA grants orphan drug status to HI-Bio’s felzartamab for AMRPharmaceutical Technology•Mar 22, 2024•HIBio
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