MoMed Biotech was established in April 2022 in Linping District, Hangzhou City. The company's founders are Professor Bai Chen from The Chinese University of Hong Kong, Shenzhen, and Professor Arieh Warshel, a Nobel laureate in Chemistry in 2013. MoMed Biotech's establishment has received strong support from the Linping District government and industrial capital, and it has completed tens of millions of yuan in angel round financing.
MoMed Biotech focuses on the earliest "drug discovery phase" of drug development. Driven by the research on the mechanisms of drug targets and combined with cutting-edge artificial intelligence technology, the company is engaged in the research and development of innovative small molecule drugs, biological macromolecules, and macromolecule-small molecule conjugate drugs. MoMed Biotech is committed to providing a more reliable new drug molecular design method, obtaining lead compounds with higher drug-likeness, improving the efficiency of new drug development, reducing research and development risks, shortening the R&D cycle, and saving industry costs.