Bobby Sheng (Chinese: 盛保熙; pinyin: Sheng Bao Xi; born April 1972) is a Taiwanese-American businessman, entrepreneur, philanthropist, record producer, and film producer. He is the founder, president and CEO of Bora Pharmaceuticals 保瑞藥業,[1] Taiwan's largest pharmaceutical company by volume.[2]
Early life and education
editSheng grew up in Orange County, California and went to high school in Irvine, California. He began his business career when he was 14, selling candy to other students at his school. Sheng graduated from University of California, Berkeley, with a Bachelor of Science in economics.[3]
From 2020 to 2023 Sheng served as the president of the Berkeley Club of Taiwan.[4]
Career
editIn 1994, around the time Sheng graduated from university, his father, CEO of Hoan Pharmaceuticals, fell ill, leaving him and his sister to run the company as recent graduates. Affected by the establishment of National Health Insurance, Sheng pivoted to expanding his business overseas.[5]
As he familiarized himself with the CEO position at the family company, Sheng started seven companies in his time in Taiwan, including the largest distributor of Kiehl's outside of the United States.[6] Sheng also became co-founder of Machi Entertainment in this time, and started producing films such as Smother and Minotaur.[7][8][9]
In 2007 Sheng established Bora Pharmaceuticals as a separate entity from Hoan Pharmaceuticals. As Hoan Pharmaceuticals focused more on in-licensing and distribution in Taiwan, Bora Pharmaceuticals focused on drug development and production for international markets. In 2013, Sheng signed a 5-year OEM contract with Eisai Pharmaceuticals and purchased their factory in Tainan.[5] Since April 2017 Bora Pharmaceuticals has been a publicly traded company on the Taiwan Stock Exchange.[10]
Bora Pharmaceuticals have since then supplied drugs for over 100 countries and established facilities in Zhunan, Taoyuan, Zhongli, Zhubei, Mississauga, and Minnesota.[11][12] They have been credited for leading Taiwan's CDMO business on an international level.[5]
Awards and honors
editIn 2020 Sheng received the CEO of the Year at the CPhl Awards.[13]
In addition Bora Pharmaceuticals has received many honors. In both 2019 and 2024, it received recognition at HR Asia's Best Companies to Work for in Taiwan awards. In 2024, Bora also received HR Asia's Most Caring Company award.[14] In 2023, Bora Pharmaceuticals received the Most Outstanding Company of the Year award from Bio-Asia Taiwan, where Sheng was recognized by Taiwan President Tsai Ing-Wen.[15] In 2024, Bora Pharmaceuticals won the Presidential Innovation Award, and donated the prize money to those impacted by earthquakes in Hualien.[16]
References
edit- ^ "32歲帥氣董事長盛保熙 創業8年身價數億 | 財經新聞 | NOWnews 今日新聞網". Archived from the original on March 24, 2012. Retrieved February 2, 2012.
- ^ "保瑞併購安成完成交割，晉升成為台灣生產總量能最大藥業集團". Bora Pharmaceuticals. Retrieved August 17, 2023.
- ^ "About Us". IBMI Taiwan. Retrieved August 17, 2023.
- ^ "Leadership". Berkeley International Alumni Network. Berkeley Club Taiwan. June 2, 2015. Retrieved August 17, 2023.
- ^ a b c "50影響力人物》保瑞董事長盛保熙 掌握併購先機的CDMO領頭羊". Retrieved September 23, 2024.
- ^ Raman Sehgal (August 18, 2023). "Taking the family-owned CDMO global". moleculetomarketpod.com (Podcast). Molecule to Market. Retrieved August 18, 2023.
- ^ http://health.chinatimes.com/contents.aspx?cid=1,11&id=13123 Archived May 29, 2011, at the Wayback Machine
- ^ "新光女婿盛保熙砸三億拍電影當母親節禮物_星島環球網". Archived from the original on May 17, 2008. Retrieved February 2, 2012.
- ^ "The Women". Archived from the original on March 23, 2009. Retrieved February 2, 2012.
- ^ 陳, 永吉. "保瑞藥業4/19上櫃". 自由時報. Retrieved August 20, 2023.
- ^ "Home". Bora Pharmaceuticals. Retrieved August 18, 2023.
- ^ Laws, Liza (April 2, 2024). "Bora Pharmaceuticals completes Upsher-Smith acquisition, expanding North American footprint". OutsourcingPharma. Retrieved July 9, 2024.
- ^ "Bora Pharmaceuticals' Bobby Sheng wins 'CEO of the Year' at CPhI Awards 2020". Bora Pharmaceuticals. Retrieved August 17, 2023.
- ^ "Bora Recognized with Dual Accolades at Asia Best Companies to Work for Awards 2024". Bora Pharmaceuticals. July 8, 2024. Retrieved July 10, 2024.
- ^ "Bora Recognized at "2023 Most Outstanding Company of the Year Awards." Ceremony Attended by President Tsai Ing-wen". Bora Pharmaceuticals. December 12, 2023. Retrieved July 10, 2024.
- ^ "Bora Wins Presidential Innovation Award, Award Prize Donation to Benefit Those Impacted by Earthquake". Bora Pharmaceuticals. April 11, 2024. Retrieved July 10, 2024.
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