The 18th Frost & Sullivan China Growth, Innovation and Leadership Summit 2024 and the 3rd New Investment Conference were held again in Shanghai from August 28th to 30th, 2024. On the evening of August 28th, the 2024 Frost & Sullivan Global Growth, Innovation and Leadership Awards, China Awards, and Best Practices Awards were grandly announced at the 2024 Frost & Sullivan Growth, Innovation and Leadership Awards Ceremony and VIP Reception.
Based on the research and analysis of the global CDMO market in recent years, as well as the study and evaluation of related companies in the industry, Frost & Sullivan has awarded Bibo Biotech the 'Global Biopharmaceutical CDMO Technology Leadership Award'. The award was presented jointly by Aroop Zutshi, Global Managing Partner and Executive Director of the Board at Frost & Sullivan, Professor Wang Yu, President of the China Hepatitis Prevention and Control Foundation and former Director of the Chinese Center for Disease Control and Prevention, to Dr. Jiao Peng, Chairman and CEO of Bibo Biotech.
Frost & Sullivan awarded Frost & Sullivan Best Practices to Bibo Biology
"Global Biopharmaceutical CDMO Technology Leadership Award"


Aroop Zutshi, Global Partner and Executive Director of the Board at Frost & Sullivan, Professor Wang Yu, President of the China Hepatitis Prevention and Control Foundation and former Director of the Chinese Center for Disease Control and Prevention, jointly presented awards to Dr. Jiao Peng, Chairman and CEO of Bibo Biotech.
Bibo Biotech is a one-stop CDMO covering the entire lifecycle of biopharmaceutical CMC, including discovery, development, manufacturing, and commercialization.
Bibo Biotech was established in Boston, USA in 2014 and currently has two R&D centers and three GMP factories globally. In response to the increasingly diversified market demands of the biopharmaceutical industry, Bibo Biotech has built a full technology platform centered around microbial fermentation, mammalian cell culture, gene therapy, and antibody-drug conjugates (ADCs), providing one-stop services from DNA to IND/BLA, from cell line development to large-scale commercial production. At the same time, anchored by the highest international technical and quality standards, relying on the Boston R&D center and global production capacity, the company has established a comprehensive quality and operational management system that complies with international CDMO industry standards such as those of the United States and the European Union, efficiently serving global customers.
Bibo Biotechnology has pioneered a 30,000-liter ultra-large-scale production platform globally, leading the fourth wave of biomanufacturing development.
In the evolution of the biopharmaceutical manufacturing industry, the innovation of production technology platforms and operational models, as well as the leap towards higher levels of capacity organization scale, are continuously setting off waves of development. Bioprocess Technology Group (BPG) successfully completed the construction of a single-tank 30,000-liter ultra-large-scale production line in 2023 and commenced operation in March 2024, marking the official entry into the fourth wave of biomanufacturing technology. BPG has precisely seized the opportunity of the explosive development of the biopharmaceutical industry and, over the years, targeted and broken through the core technologies of biopharmaceutical industrialization—ultra-large-scale bioreactor manufacturing and cell culture technology. Since its establishment, the company has focused on the core challenges in the commercial production of biopharmaceuticals, using the autonomous design and manufacture of ultra-large-scale stainless steel bioreactors and new-generation production processes and models as industry entry points. It has become the world's first and only CDMO to launch a single-tank 30,000-liter ultra-large-scale stainless steel bioreactor with the largest working volume. Compared to the currently mainstream volume specification of 15,000 liters for large-scale commercial production of biopharmaceuticals internationally, the 30,000-liter reactor (working volume) has successfully achieved an engineering amplification of more than 2.5 times.
Bibo Biologics is reshaping the cost system of biopharmaceuticals, bringing well-being to patients worldwide.
Bibo Biotech has utilized the 'scale-cost' effect to break through the single-tank limit of 30,000 liters for the first time internationally. Relying on this unique advantage, Bibo Biotech has further enhanced the agglomeration effect of production capacity and is working towards advancing the construction of a total production capacity of one million liters. In addition, Bibo Biotech has achieved an organic combination of engineering economy, production flexibility and convenience, as well as process stability, through the synergy of the PanFlex-Engineering, Grand-CHO platform process, and pulsating continuous production model. This can significantly improve the output efficiency of biologics, increase the utilization rate of equipment and facilities, and reduce operating costs. By integrating breakthroughs and diverse synergies in engineering, process, production line, and production model, Bibo Biotech will leverage its absolute industrialization advantage to help biopharmaceutical companies break through production cost limitations once again, thereby enhancing the accessibility of biologics and meeting the global patient demand for high-quality, affordable biologics.
About Frost & Sullivan's Global Leadershipaward
The Frost & Sullivan Global Leadership Award is a recognition of an enterprise's outstanding performance and achievements in technological innovation, market potential, customer service, brand, and other aspects. The Frost & Sullivan team nominated a competitive group of excellent companies to the independent judging panel through methods such as in-depth interviews, industry analysis, and secondary research. An independent judging panel composed of third-party investment and financing experts, financial experts, bankers, and renowned listed entrepreneurs conducted a rigorous review of the companies nominated by the Frost & Sullivan team and decided to award the 'Global Biopharmaceutical CDMO Technology Leadership Award' to Bibo Biotech.


