Bobby Sheng Explained

Bobby Sheng (; 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,[1] Taiwan's largest pharmaceutical company by volume.[2]

Early Life and Education

Sheng 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

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. 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.[5] Sheng also became co-founder of MACHI Entertainment in this time, and started producing films such as Smother and Minotaur.[6] [7] [8]

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. They have since then supplied drugs for over 100 countries and established facilities in Zhunan, Tainan, Taoyuan, Zhongli, Zhubei, Mississauga, and Minnesota.[9] [10] Since April 2017, Bora Pharmaceuticals has been a publicly traded company on the Taiwan Stock Exchange.[11]

Awards and Honors

In 2020, Sheng received the CEO of the Year at the CPhl Awards.[12]

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.[13] 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.[14] In 2024, Bora Pharmaceuticals won the Presidential Innovation Award, and donated the prize money to those impacted by earthquakes in Hualien.[15]

Notes and References

  1. Web site: 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 . 2012-02-02 . dead . https://web.archive.org/web/20120324201952/http://www.nownews.com/2004/09/18/320-1687587.htm . 2012-03-24 .
  2. Web site: 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 . Bora Pharmaceuticals . 17 August 2023.
  3. Web site: About Us . IBMI Taiwan . 17 August 2023.
  4. Web site: Leadership . Berkeley International Alumni Network . Berkeley Club Taiwan . 17 August 2023.
  5. Raman Sehgal. Taking the family-owned CDMO global. moleculetomarketpod.com . Molecule to Market . 18 August 2023. 18 August 2023.
  6. http://health.chinatimes.com/contents.aspx?cid=1,11&id=13123<nowiki/>
  7. Web site: 新光女婿盛保熙砸三億拍電影當母親節禮物_星島環球網 . 2012-02-02 . dead . https://web.archive.org/web/20080517161453/http://www.stnn.cc:82/fotune/200804/t20080429_771783.html . 2008-05-17 .
  8. Web site: The Women . 2012-02-02 . dead . https://web.archive.org/web/20090323191811/http://app.atmovies.com.tw/movie/movie.cfm?action=extend&exid=fwen5043077002 . 2009-03-23 .
  9. Web site: Home . Bora Pharmaceuticals . Bora Pharmaceuticals . 18 August 2023.
  10. Web site: Laws . Liza . Bora Pharmaceuticals completes Upsher-Smith aquisition, expanding North American footprint. OutsourcingPharma . OutsourcingPharma . 9 July 2024.
  11. Web site: 陳 . 永吉 . 保瑞藥業4/19上櫃 . 自由時報 . 自由時報 . 20 August 2023.
  12. Web site: Bora Pharmaceuticals’ Bobby Sheng wins ‘CEO of the Year' at CPhI Awards 2020 . Bora Pharmaceuticals . 17 August 2023.
  13. Web site: Bora Recognized with Dual Accolades at Asia Best Companies to Work for Awards 2024 . Bora Pharmaceuticals . Bora Pharmaceuticals . 10 July 2024.
  14. Web site: Bora Recognized at “2023 Most Outstanding Company of the Year Awards.” Ceremony Attended by President Tsai Ing-wen . Bora Pharmaceuticals . 10 July 2024.
  15. Web site: Bora Wins Presidential Innovation Award, Award Prize Donation to Benefit Those Impacted by Earthquake . Bora Pharmaceuticals . Bora Pharmaceuticals . 10 July 2024.