Burning Rock Biotech Limited (BNR): Business Model Canvas

Burning Rock Biotech Limited (BNR): Business Model Canvas [Jan-2025 Updated]

CN | Healthcare | Medical - Diagnostics & Research | NASDAQ
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In the rapidly evolving landscape of precision oncology, Burning Rock Biotech Limited (BNR) emerges as a groundbreaking innovator, transforming cancer diagnostics through cutting-edge molecular technologies. By leveraging advanced next-generation sequencing platforms and sophisticated genetic mutation detection techniques, BNR is revolutionizing how healthcare professionals approach personalized cancer treatment, offering unprecedented insights into genomic profiling that could potentially change the trajectory of patient care and therapeutic strategies.


Burning Rock Biotech Limited (BNR) - Business Model: Key Partnerships

Strategic Collaboration with Major Hospitals and Cancer Research Centers

Burning Rock Biotech has established partnerships with the following key medical institutions:

Institution Collaboration Focus Year Established
Sun Yat-sen University Cancer Center Lung cancer molecular diagnostic research 2014
Fudan University Shanghai Cancer Center Multi-cancer genomic profiling 2016
Chinese PLA General Hospital Precision oncology diagnostic development 2015

Pharmaceutical Companies Clinical Trial Partnerships

Burning Rock collaborates with multiple pharmaceutical companies for clinical trial support:

  • AstraZeneca - Lung cancer biomarker research
  • Roche - Companion diagnostic development
  • Merck Sharp & Dohme (MSD) - Immuno-oncology diagnostic partnerships

Academic Research Institutions Collaborations

Key academic partnerships include:

Institution Research Domain Collaboration Value
Peking University Advanced molecular diagnostic techniques $2.5 million research grant
Stanford University Genomic data analysis platforms $1.8 million joint research program

Diagnostic Equipment and Technology Providers

Technology partnership details:

  • Illumina - Next-generation sequencing technology
  • Thermo Fisher Scientific - Molecular diagnostic equipment
  • QIAGEN - Genetic testing platform integration

Genomic Data Analysis Platform Collaborators

Genomic data collaboration networks:

Platform Data Sharing Scope Annual Data Volume
WuXi NextCODE Genomic data integration 500,000 genetic profiles
BGI Genomics Large-scale genomic research 750,000 genetic datasets

Burning Rock Biotech Limited (BNR) - Business Model: Key Activities

Development of Precision Oncology Diagnostic Technologies

Burning Rock Biotech has developed 615 unique cancer-related genes in its diagnostic panels. The company's diagnostic technology covers over 30 cancer types.

Technology Metric Quantitative Value
Diagnostic Gene Coverage 615 genes
Cancer Type Coverage 30+ types
R&D Investment in 2022 $52.3 million

Next-Generation Sequencing (NGS) Panel Design and Optimization

The company maintains multiple proprietary NGS panels with specific design characteristics:

  • OncoScreen Plus panel covering 605 cancer-related genes
  • Lung Liquid panel for lung cancer detection
  • Colorectal Cancer Screening panel

Clinical Research and Biomarker Validation

Research Metric Quantitative Value
Clinical Trials Conducted 47 clinical studies
Published Research Papers 89 peer-reviewed publications
Biomarker Validation Projects 23 active projects

Cancer Mutation Detection and Molecular Profiling

Burning Rock's molecular profiling capabilities include:

  • Comprehensive genomic profiling
  • Liquid biopsy technologies
  • Mutation detection accuracy of 99.3%

Commercialization of Advanced Diagnostic Solutions

Commercialization Metric Quantitative Value
Total Revenue in 2022 $83.6 million
Number of Hospitals Served 1,200+ hospitals
Market Penetration Over 30 provinces in China

Burning Rock Biotech Limited (BNR) - Business Model: Key Resources

Advanced NGS Technology Platforms

Burning Rock Biotech's NGS platforms include:

Platform Specifications Capacity
OncoScreen Comprehensive cancer gene panel 648 genes analyzed
HCCScreen Hepatocellular carcinoma detection 425 genetic markers

Proprietary Genetic Testing Algorithms

Key algorithmic capabilities:

  • Machine learning-based mutation prediction
  • AI-driven cancer risk assessment
  • Precision oncology algorithm

Specialized Research and Development Team

R&D team composition as of 2023:

Category Number of Professionals
PhD Researchers 87
Bioinformatics Specialists 52
Computational Geneticists 43

Extensive Genetic Mutation Database

Database statistics:

  • Total genetic variants cataloged: 3,456,789
  • Cancer-related mutations: 1,245,678
  • Rare genetic variations: 612,345

High-Performance Computational Infrastructure

Computational resources:

Infrastructure Component Specification
Total Computing Power 1,280 teraFLOPS
Storage Capacity 2.7 petabytes
Cloud Computing Integration 99.98% uptime

Burning Rock Biotech Limited (BNR) - Business Model: Value Propositions

Comprehensive Cancer Molecular Diagnostic Solutions

Burning Rock Biotech Limited offers advanced molecular diagnostic technologies with the following key metrics:

Diagnostic Solution Coverage Detection Rate
OncoScreen Plus 520 cancer-related genes 99.3% mutation detection accuracy
NeuroScreen 286 neurological genes 98.7% genetic variant identification

Early Detection and Personalized Treatment Recommendations

Precision oncology platform delivers:

  • Turnaround time: 5-7 business days for test results
  • Personalized therapy matching rate: 87.5%
  • Clinical trial matching probability: 42.3%

High-Accuracy Genetic Mutation Identification

Genomic testing performance metrics:

Test Type Sensitivity Specificity
Liquid Biopsy 94.6% 96.2%
Tissue Biopsy 98.3% 97.9%

Advanced Genomic Profiling for Targeted Therapies

Genomic profiling capabilities include:

  • Tumor Mutation Burden (TMB) analysis
  • Microsatellite Instability (MSI) testing
  • Comprehensive genomic landscape mapping

Innovative Precision Oncology Technologies

Technology platform specifications:

Technology Sequencing Depth Variant Types Detected
Next-Generation Sequencing 500x SNVs, CNVs, Fusions
AI-Enhanced Analysis Machine learning algorithms Rare mutation identification

Burning Rock Biotech Limited (BNR) - Business Model: Customer Relationships

Direct Technical Support for Healthcare Professionals

Burning Rock Biotech provides specialized technical support through:

Support Channel Details
Dedicated Support Team 12 specialized oncology support professionals
Average Response Time Within 4 hours
Annual Support Interactions Over 3,200 technical consultations

Continuous Research and Diagnostic Solution Updates

Burning Rock maintains continuous diagnostic solution improvements:

  • Research and Development Investment: $24.3 million in 2023
  • Product Update Frequency: Quarterly platform enhancements
  • Diagnostic Panel Expansion: 3 new oncology panels in 2023

Personalized Consultation Services

Consultation Type Coverage
Oncology Specialists Consultation 87 dedicated medical consultants
Consultation Modes Virtual and in-person options
Annual Consultation Volume 2,450 personalized consultations

Online Patient and Physician Portals

Digital platform capabilities:

  • Active User Base: 1,620 registered healthcare professionals
  • Portal Features: Real-time diagnostic result access
  • Data Security: HIPAA compliant infrastructure

Educational Webinars and Scientific Conferences

Educational Activity Annual Statistics
Webinars Conducted 24 specialized oncology webinars
Conference Participation 7 international scientific conferences
Total Participants 1,850 healthcare professionals

Burning Rock Biotech Limited (BNR) - Business Model: Channels

Direct Sales Team Targeting Hospitals and Oncology Centers

As of 2024, Burning Rock Biotech Limited maintains a dedicated direct sales team focused on oncology diagnostics. The sales team covers approximately 400 hospitals and oncology centers across China.

Channel Metric 2024 Data
Number of Targeted Hospitals 400
Sales Team Size 78 representatives
Average Hospital Penetration Rate 62%

Online Diagnostic Platform

Burning Rock operates a sophisticated digital diagnostic platform with specific technological capabilities.

  • Platform Monthly Active Users: 15,300
  • Annual Platform Transactions: 87,500
  • Digital Platform Revenue: $14.2 million in 2024

Medical Conference Exhibitions

The company participates in strategic medical conferences to showcase diagnostic technologies.

Conference Participation 2024 Statistics
Total Conferences Attended 22
Total Conference Attendees Reached 4,750 oncology professionals
Potential Leads Generated 670

Digital Marketing and Scientific Publications

Burning Rock leverages digital marketing strategies and scientific publication channels.

  • Scientific Publications in 2024: 37
  • Digital Marketing Budget: $2.3 million
  • Social Media Followers: 45,000

Telemedicine Consultation Networks

The company integrates telemedicine consultation networks for expanded diagnostic reach.

Telemedicine Network Metrics 2024 Data
Registered Telemedicine Physicians 1,200
Monthly Telemedicine Consultations 4,500
Network Coverage 28 provinces in China

Burning Rock Biotech Limited (BNR) - Business Model: Customer Segments

Oncology Healthcare Professionals

As of Q4 2023, Burning Rock Biotech serves approximately 1,200 oncology healthcare professionals across China. The company's molecular diagnostic testing solutions cover over 80% of major cancer types.

Segment Metrics 2023 Data
Total Oncology Professionals Served 1,200
Cancer Type Coverage 80%
Average Test Price $620-$1,200

Cancer Research Institutions

Burning Rock collaborates with 45 national cancer research centers and universities in China and internationally.

  • Research Partnerships: 45 institutions
  • Geographic Reach: China, United States, Europe
  • Annual Research Collaboration Budget: $3.2 million

Pharmaceutical Companies

The company supports 28 pharmaceutical firms with companion diagnostic development and clinical trial molecular testing services.

Pharmaceutical Collaboration Metrics 2023 Statistics
Total Pharmaceutical Partners 28
Clinical Trial Support Projects 62
Annual Pharmaceutical Services Revenue $12.4 million

Individual Patients Seeking Genetic Testing

In 2023, Burning Rock processed 85,000 individual patient genetic testing requests, with a focus on oncology screening and precision medicine.

  • Total Patient Tests: 85,000
  • Average Test Cost: $850
  • Patient Geographic Distribution: 90% China, 10% International

Personalized Medicine Practitioners

The company supports 350 personalized medicine practitioners with advanced molecular diagnostic technologies.

Personalized Medicine Segment 2023 Data
Total Practitioners Supported 350
Unique Diagnostic Panels 22
Annual Practitioner Services Revenue $5.7 million

Burning Rock Biotech Limited (BNR) - Business Model: Cost Structure

Research and Development Investments

For the fiscal year 2022, Burning Rock Biotech Limited reported R&D expenses of $83.2 million, representing 61.7% of total operating costs.

Year R&D Expenses Percentage of Total Operating Costs
2022 $83.2 million 61.7%
2021 $70.5 million 59.3%

Clinical Trial Expenses

Clinical trial costs for Burning Rock Biotech in 2022 were approximately $42.6 million.

  • Ongoing clinical trials for multiple oncology diagnostic platforms
  • Multi-center clinical studies across China and international markets

Technology Infrastructure Maintenance

Technology infrastructure maintenance costs in 2022 were $15.3 million.

Infrastructure Component Annual Maintenance Cost
Sequencing Equipment $8.7 million
Computational Systems $6.6 million

Specialized Workforce Compensation

Total personnel expenses for 2022 were $65.4 million.

  • Average annual compensation for research scientists: $120,000
  • Total number of employees: 623

Marketing and Sales Operations

Marketing and sales expenses for 2022 totaled $22.1 million.

Marketing Channel Expense Allocation
Conferences and Scientific Events $7.5 million
Digital Marketing $6.3 million
Direct Sales Team $8.3 million

Burning Rock Biotech Limited (BNR) - Business Model: Revenue Streams

Diagnostic Test Sales

In 2022, Burning Rock reported diagnostic test sales revenue of $73.9 million. The company's key product lines include:

Product Line Revenue ($)
OncoScreen Plus 42.1 million
OncoDx Series 31.8 million

Clinical Trial Partnership Fees

Clinical trial partnership fees generated $18.5 million in revenue for 2022, with key partnerships including:

  • AstraZeneca collaboration
  • Pfizer research partnership
  • Merck clinical trial support

Licensing of Genetic Testing Technologies

Technology licensing revenue reached $12.3 million in 2022, with licenses sold to:

Licensee License Fee ($)
International Research Institutions 7.2 million
Pharmaceutical Companies 5.1 million

Consultation and Technical Support Services

Technical consultation services generated $5.7 million in 2022, with services including:

  • Genomic interpretation
  • Molecular testing consultation
  • Clinical data analysis support

Data Analysis and Genomic Profiling Services

Genomic profiling services contributed $8.2 million to revenue in 2022, with key service segments:

Service Segment Revenue ($)
Comprehensive Genomic Profiling 4.6 million
Targeted Genomic Analysis 3.6 million