Chime Biologics

Chime Biologics

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Providing customer-centric and cost-effective services for timely premier-quality biopharmaceutical development and manufacturing. Learn more
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$17.4m

Valuation: $625m

Series B
Total Funding000k

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Chime Biologics is a top-tier Contract Development and Manufacturing Organization (CDMO), specializing in biologics. In simpler terms, it helps other companies develop and manufacture biological drugs, which are medicines made from living organisms or their components. Chime Biologics serves a global clientele, offering a comprehensive suite of services from early-stage cell line development to commercial-scale manufacturing.

The company operates in the biopharmaceutical market, a sector that focuses on creating drugs from biological sources. Chime Biologics' business model is centered around providing end-to-end solutions, meaning they assist clients throughout the entire drug development and manufacturing process. This model allows the company to generate revenue by charging for their specialized services.

Chime Biologics' operations are powered by a team of over 400 skilled employees and advanced technology from its Shanghai Innovation Center. The company has a proven track record in Investigational New Drug (IND) enabling through Biologics License Application (BLA) filing at its Wuhan campus. IND and BLA are stages in the drug approval process, indicating that Chime Biologics can support clients from early research stages to regulatory approval.

The company's success is driven by its commitment to reliable, compliant, flexible, and fast-paced services. It aims to make cutting-edge biologics affordable and accessible to patients worldwide, reflecting its commitment to global health. Chime Biologics also places a high value on business integrity, professional compliance, and the protection of clients' intellectual property rights.

Keywords: Biologics, Contract Development and Manufacturing Organization (CDMO), Global Clientele, End-to-End Solutions, Biopharmaceutical Market, Cell Line Development, Commercial Manufacturing, Investigational New Drug (IND), Biologics License Application (BLA), Intellectual Property Protection.