Founded in 2009 , Easton Biopharmaceuticals is a high-tech enterprise integrating R & D, production and sales of chemical raw materials, high-end chemical medicines and biopharmaceuticals with approximately 1,000 employees. Eason Biopharmaceuticals was listed in the SSE STAR Market in September 2020. Confronting with “Healthy China Initiative”, the company is devoted to drug research and development, focusing on major diseases such as anesthesiology & pain management, cardiovascular, oncology, children's medicines, and diabetes. It has realized the industrialization of 20 high-end chemical drugs and 14 chemical material medicines. Easton Biopharmaceuticals has 3 first generic drugs for domestic market, 4 generic drugs have passed the consistency evaluation, and a few chemical material medicines have been certified or through registration in mainstream international markets such as the European Union, Japan, and the United States, promoting innovative development of Chinese pharmaceutical manufacturing industry.
Easton Biopharmaceuticals continues to maintain high R&D investment to build core competitiveness. The R&D expense to total revenue accounted for more than 16% from 2017 to 2019, which is much higher than industry average. Easton Biopharmaceuticals has proposed a strategy that is basing on high-end generic drugs, focusing on small-molecule innovative drugs, and seeking the development of biological drugs.
The company has more than 10 innovative drugs under development, of which 2 has entered clinical trials phase I and II respectively, and many biological drugs under preclinical study. With strong product reserves, Easton Biopharmaceuticals has accelerated the pace of technological innovation and internationalization, adhering to “Self-fulfillment, serving for all, becoming the most valued and trusted pharmaceutical company for customers around the world”, Easton will be committed to be a patient oriented, clinic-needs guided company.
|Full name||Chengdu EASTON BiopharmaceuticalsCo.,Ltd.|
|Has weighted voting rights structure?||No|
|Earnings Per Share||1.21||1.50||0.72|
|R&D expenditure as a % of operating revenue||16.53%||16.18%||16.21%|
|Total Owners' Equity||697.44||582.19||445.28|
|Net Cash Flows-Operating||141.83||166.79||85.70|
|Net Cash Flows-Investing||-87.99||-74.81||-14.11|
|Net Cash Flows-Financing||-13.86||-||-26.50|
|Name||No. of Shares Held (mn)||% of Shares Held|
|ChengduNanyuan Investment Partnership||6.86||5.71%|
|Jibai(Shanghai) Enterprise Management Consulting Co. , Ltd.||5.11||4.25%|
|CITIC Securities Investment Co. , Ltd.||3.70||3.08%|
|CITIC securities－China Merchants Bank－CITIC securities Easton Biopharmaceuticals employees participation in strategic placement asset management plan||3.01||2.51%|
|Beijing Rongyuan Investment Partnership||3.00||2.50%|
|Chengdu Zhuyuan Investment Partnership||2.19||1.82%|
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