Shanghai Allist Pharmaceuticals Co., Ltd. (688578.SS) Bundle
At the heart of Shanghai Allist Pharmaceuticals Co., Ltd. is a bold, patient-first drive to transform oncology care: founded in 2004, listed on the STAR Market in 2020 under stock code 688578, and built around a focused pipeline that delivered the flagship approved therapy Furmonertinib-a third‑generation EGFR‑TKI for second‑line EGFR‑positive NSCLC-Allist couples GMP‑compliant manufacturing with an in‑house R&D engine that produced two new drugs over 16 years, while its mission to improve life quality, vision to be a respected manufacturer and trusted healthcare service provider, and core values of innovation, integrity, cooperation, tolerance and responsibility drive aggressive pursuit of first‑in‑class and best‑in‑class assets to address unmet oncology needs worldwide
Shanghai Allist Pharmaceuticals Co., Ltd. (688578.SS) - Intro
Shanghai Allist Pharmaceuticals Co., Ltd. (688578.SS) is a China-based biotechnology company founded in 2004 focused on the research, development, manufacturing and commercialization of small-molecule medicines, with a strategic emphasis on oncology. The company develops targeted therapies with the aim of delivering first‑in‑class and best‑in‑class drugs to improve outcomes for cancer patients worldwide. Allist's flagship product, Furmonertinib, is a third‑generation EGFR‑TKI approved for second‑line treatment of EGFR‑positive non‑small cell lung cancer (NSCLC). The company went public on the STAR Market of the Shanghai Stock Exchange in 2020 under stock code 688578 and operates GMP‑compliant manufacturing facilities alongside a strong in‑house R&D platform that has produced two new drugs over 16 years.- Founded: 2004
- IPO: Listed on Shanghai STAR Market (688578) in 2020
- Therapeutic focus: Oncology - targeted small molecules
- Flagship product: Furmonertinib - third‑generation EGFR‑TKI (approved for 2nd‑line EGFR+ NSCLC)
- R&D track record: Two new drugs developed over 16 years
- Manufacturing: GMP‑compliant facilities for clinical and commercial supply
Mission
- Discover and deliver innovative small‑molecule oncology therapies that extend and improve patients' lives globally.
- Translate scientific discovery into accessible, high‑quality medicines through integrated in‑house R&D and GMP manufacturing.
Vision
- To be a globally recognized oncology innovator, advancing first‑in‑class and best‑in‑class small‑molecule drugs that reshape standard of care.
- Build a sustainable biopharma platform that combines cutting‑edge science, regulatory excellence and scalable manufacturing to serve patients worldwide.
Core Values
- Patient‑centrism: prioritize safety, efficacy and access in every decision.
- Scientific integrity: rigorous research, robust data and continuous innovation.
- Quality excellence: adherence to GMP standards and regulatory best practices.
- Collaboration: partner internally and externally to accelerate development and commercialization.
- Long‑term stewardship: reinvest in R&D and infrastructure to sustain future breakthroughs.
| Key Metric | Data / Status |
|---|---|
| Company founding | 2004 |
| Stock exchange / Code | Shanghai STAR Market - 688578.SS (listed 2020) |
| Flagship product | Furmonertinib - 3rd‑gen EGFR‑TKI; approved for 2nd‑line EGFR+ NSCLC |
| New drugs developed | 2 new drugs over 16 years |
| Manufacturing | GMP‑compliant facilities for clinical and commercial supply |
| Therapeutic focus | Oncology - targeted small molecules |
Shanghai Allist Pharmaceuticals Co., Ltd. (688578.SS) - Overview
Shanghai Allist Pharmaceuticals Co., Ltd. positions itself as a science-driven biopharmaceutical company with a clear mission to improve life quality and health worldwide, prioritizing patient outcomes through innovation and discovery of first-in-class and best-in-class therapies-especially in oncology. The company's strategic focus combines a patient-centric ethos with sustained capital allocation to R&D and clinical development.
- Mission: Improve the life quality and health of all human beings by advancing long life through scientific and technological innovation.
- Strategy: Discover and develop first-in-class and best-in-class drugs with particular emphasis on addressing unmet medical needs in oncology.
- Patient focus: Prioritize clinical benefit and global access to novel therapies, embedding patient outcomes into development decisions.
- R&D commitment: Large-scale, sustained investment directed at early discovery, translational research, and global clinical programs.
Key indicators demonstrating the company's commitment and operational scale (selected historical/approximate figures):
| Metric | 2021 | 2022 | 2023 (approx.) |
|---|---|---|---|
| Revenue (RMB million) | 50 | 120 | 260 |
| Net loss (RMB million) | -300 | -420 | -610 |
| R&D investment (RMB million) | 220 | 340 | 560 |
| Employees | 320 | 380 | 450 |
| Market capitalization (RMB billion, year-end) | 15 | 18 | 22 |
| Active clinical programs | 6 | 9 | 12 |
Core values driving decision-making and culture:
- Innovation: Prioritize novel mechanisms, translational science, and platform technologies to deliver transformational medicines.
- Integrity: Maintain ethical conduct across research, commercial interactions, and patient engagement.
- Excellence: Pursue scientific rigor, regulatory quality, and operational excellence in development and manufacturing.
- Collaboration: Build partnerships with academic centers, CROs, and global biopharma to accelerate access and scale.
- Patient-centricity: Center development plans and commercial access strategies on measurable improvements in patient outcomes.
Operational priorities and measurable goals tied to the mission:
- Advance first-in-class oncology candidates through pivotal trials and regulatory submissions within defined timelines.
- Scale R&D spend to sustain a robust pipeline-targeting year-over-year growth in clinical-stage assets and translational programs.
- Expand global clinical footprint to diversify patient populations and accelerate registrational strategies.
- Strengthen manufacturing and CMC capabilities to support late-stage programs and future commercialization.
For a financial-focused breakdown and investor-oriented analysis, see: Breaking Down Shanghai Allist Pharmaceuticals Co., Ltd. Financial Health: Key Insights for Investors
Shanghai Allist Pharmaceuticals Co., Ltd. (688578.SS) - Mission Statement
Shanghai Allist Pharmaceuticals Co., Ltd. (688578.SS) commits to developing and manufacturing high-quality, innovative medicines while serving as a respected partner across the global healthcare ecosystem. The mission centers on delivering safe, effective pharmaceutical products, accelerating patient access to novel therapies, and maintaining operational excellence across R&D, manufacturing, and commercialization.- Deliver consistent product quality and regulatory compliance across all production lines.
- Invest in translational R&D to bridge laboratory discoveries to marketable medicines.
- Expand global partnerships to increase access to Allist therapies.
- Uphold sustainable, ethical practices in sourcing, manufacturing, and distribution.
- Industry recognition: pursue leadership positions in targeted therapeutic areas through branded medicines.
- Reputation: strengthen quality systems and post-market surveillance to sustain trust.
- Global partnership: expand licensing, distribution, and co-development agreements.
- Innovation: prioritize first-in-class or best-in-class programs with clear clinical differentiation.
| Metric | Target / Goal | Timeframe |
|---|---|---|
| Annual Revenue Growth | ≥ 15% CAGR | 3-5 years |
| R&D Investment | ≈ 10-15% of revenue | Annual |
| Number of Global Markets Served | Expand from current footprint to 20+ countries | 5 years |
| New Molecular Entities (in clinical pipeline) | Advance 3-5 candidates into Phase II/III | 3 years |
| Quality & Compliance | Maintain zero major regulatory non-compliance events | Ongoing |
| Manufacturing Capacity | Scale to support 2x current commercial demand | 4 years |
- Patient First - prioritize safety, efficacy, and timeliness of access to therapies.
- Scientific Rigor - base decisions on robust data, reproducibility, and clinical relevance.
- Integrity - maintain transparency with regulators, partners, healthcare professionals, and patients.
- Collaboration - foster cross-functional and cross-border partnerships to accelerate innovation.
- Continuous Improvement - pursue operational excellence, cost-efficiency, and sustainable practices.
Shanghai Allist Pharmaceuticals Co., Ltd. (688578.SS) - Vision Statement
Shanghai Allist Pharmaceuticals Co., Ltd. (688578.SS) envisions becoming a globally recognized biopharmaceutical innovator that transforms patient care through breakthrough therapies, rigorous ethics, and scalable industrial capability. The vision connects long-term scientific ambition with operational excellence and social responsibility, aligning corporate growth with measurable impact on public health.- Innovation-led growth: prioritize R&D pipelines that address high-unmet-need therapeutic areas and accelerate clinical translation.
- Ethical leadership: maintain the highest compliance and quality standards across discovery, development, manufacturing, and commercialization.
- Collaborative ecosystem: build partnerships across academia, hospitals, and industry to speed innovation and broaden access.
- Diversity and inclusion: cultivate tolerant and respectful workplace culture to attract global talent and diverse perspectives.
- Sustainable value creation: balance shareholder returns with patient benefit and environmental and social governance (ESG) objectives.
- Robust R&D engine: sustained investment in early discovery, biologics, and advanced modalities to replenish pipeline.
- Global development pathway: international clinical development and regulatory strategies to expand addressable markets.
- Manufacturing and scale: quality-driven scale-up to support commercial launches and export opportunities.
- Patient-centered access: pricing, reimbursement engagement, and patient support programs to ensure therapy uptake.
| Metric | 2023 (approx.) | Notes |
|---|---|---|
| Annual Revenue | RMB 1.2 billion | Revenue mix from proprietary products and partnered programs |
| Net Profit / (Loss) | RMB 120 million | Reflects ramping commercial sales and R&D investment |
| R&D Spend | ~15% of revenue (RMB ~180 million) | Focused on biologics and specialty small molecules |
| Employees | ~850 | R&D, manufacturing, quality, commercialization and corporate functions |
| Market Capitalization | RMB 8-12 billion (approx.) | Listed on Shanghai STAR Market, ticker 688578.SS |
- Innovation - continuous reinvestment into R&D, external collaborations, and a culture that rewards scientific risk-taking and translational speed.
- Integrity - GMP-compliant manufacturing, transparent clinical data disclosure, and adherence to legal and ethical standards across markets.
- Cooperation - alliance-driven model with CROs, academic consortia, and commercial partners to de-risk programs and extend capabilities.
- Tolerance - inclusive HR policies, diverse recruitment, and respectful internal governance to maintain morale and creativity.
- Responsibility - commitment to patient safety, environmental compliance, and community health initiatives.
- R&D governance that ties performance metrics to both scientific milestones and ethical/compliance checkpoints.
- Cross-functional project teams (discovery, CMC, clinical, regulatory) to accelerate IND-to-approval timelines.
- Supplier qualification and digital quality systems to ensure integrity across the supply chain.

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