Asymchem Ranks in “Hidden Champions of Made in China”
Recently, the result of the 5th “Hidden Champions of Made in China” was announced. By virtue of its leading position and outstanding contribution in the biopharmaceutical industry, Asymchem Pharmaceutical Group (Tianjin) Co.,Ltd. is among the list. The selection was initiated by Sino-foreign Management, and 19 Hidden Champions were selected after a rigorous and detailed evaluation by 13 top experts from home and abroad who are well known in the industry. These companies insist on the development concept of “professionalized, sophisticated, specialized and newfassioned” and have been engaged in specific industries and fields for more than 10 years, with high market share, innovation ability and core competitiveness.
Asymchem is a leading global CDMO(Contract Development and Manufacturing Organization) one-stop integrated service provider. The company provides domestic and international pharmaceutical manufacturers with one-stop CMC(Chemical Manufacuring Control) services throughout the drug lifecycle and high-quality R&D and manufacturing services, accelerating the clinical research and commercialization of innovative drugs. According to Frost & Sullivan, Asymchem is the world’s fifth largest API(Active Pharmaceutical Ingredient) CDMO company by revenue in 2020, with 1.5% of the world market share. It is also the largest local CDMO company for commercialization-stage chemicals in China, with 22% of the China market share.