- Business
- Beijing Hotgen Biotech Co., Ltd. (688068.SS) is a China-based high-tech enterprise principally engaged in the research, development, manufacture and sale of in vitro diagnostic (IVD) reagents, instruments and related products for medical and public safety inspection in the biomedicine field; it operates eight major technology platforms including bioactive raw material development, sugar capture for abnormal protein detection, magnetic particle chemiluminescence, up-converting phosphor (UPT), colloidal gold immunochromatography, enzyme-linked immunoassay, molecular diagnostics and instrument R&D. The company offers a comprehensive portfolio of diagnostic solutions such as the award-winning UPT platform for point-of-care testing (POCT), high-precision chemiluminescence immunoassay (CLIA) platforms including single-cartridge MQ60 series and full-automatic C2000 systems, colloidal gold (CG) rapid tests, enzyme-linked immunosorbent assay (ELISA) products, polymerase chain reaction (PCR) tests and IVD raw materials; specific test parameters cover over 100 markers for cardiovascular diseases, liver diseases, tumor markers like CA125, AFP, CEA, PSA, infectious diseases including respiratory pathogens, gastrointestinal infections, Ebola virus antigen, biological warfare agents and mycotoxins, as well as drug detection, CDC and food safety monitoring applications. Founded in 2005 and headquartered in Beijing's Daxing District Biomedical Base, Hotgen Biotech serves hospitals, township health centers, third-party testing institutions, disease control centers, public security, military, ports and food enterprises primarily in China with a nationwide marketing network, while its products are used by over 10,000 medical institutions worldwide and hold certifications including CE IVDR, FDA and NMPA; subsidiaries include Hotgen (Langfang), Hotgen (Jilin), Weikekang Technology and Shunjing Biological. In recent developments, the company announced positive preliminary results from the Phase Ib clinical study of SGC001, an innovative drug candidate from its affiliate Beijing Shunjing Biomedical Technology Co., Ltd., in 2025; it obtained 23 overseas qualification certifications for its products; and it reported a net loss of CNY 191.0 million for fiscal year 2024 amid ongoing expansion in innovative biological drugs and AI-driven services.