Tech Company Financing Transactions

IASO Biotherapeutics Funding Round

IASO Biotherapeutics secured a $75 million Series C funding round on 1/17/2023. Backers included EFung Capital, Hongcheng Capital and Housen Care Brothers.

Transaction Overview

Announced On
1/17/2023
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Series C
Proceeds Purpose
The funding will support research and development of the company's pipeline products, and the commercial launch of its core product Equecabtagene Autoleucel.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
5th floor, No. 77-78,Lane 887, Zuchongzhi Road, Shanghai Pil
Shanghai, 201203
CN
Email Address
Overview
IASO Bio is a clinical-stage biopharmaceutical company engaged in the discovery and development of novel cell therapies for oncology and autoimmune diseases. Leveraging its proprietary fully-human antibody discovery platform (IMARS), high-throughput CAR T drug screening platform, and proprietary manufacturing processes, IASO Bio is developing a rich clinical-stage pipeline of multiple autologous and allogeneic CAR-T and biologics product candidates. This includes a diversified portfolio of over 10 novel pipeline products, including IASO's leading asset, Equecabtagene Autoleucel (CT103A), a fully human BCMA chimeric antigen receptor autologous T cell injection. Equecabtagene Autoleucel received New Drug Application (NDA) acceptance from China's National Medical Products Administration (NMPA) for the treatment of relapsed/refractory multiple myeloma (r/r MM).
Profile
IASO Biotherapeutics LinkedIn Company Profile
Social Media
IASO Biotherapeutics Company Twitter Account
Company News
IASO Biotherapeutics News
Facebook
IASO Biotherapeutics on Facebook
YouTube
IASO Biotherapeutics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Wen Wang
  Wen Wang LinkedIn Profile  Wen Wang Twitter Account  Wen Wang News  Wen Wang on Facebook
Chief Financial Officer
Alan Fu
  Alan Fu LinkedIn Profile  Alan Fu Twitter Account  Alan Fu News  Alan Fu on Facebook
Chief Technical Officer
David HE
  David HE LinkedIn Profile  David HE Twitter Account  David HE News  David HE on Facebook
VP - R & D
Guang Hu
  Guang Hu LinkedIn Profile  Guang Hu Twitter Account  Guang Hu News  Guang Hu on Facebook


 

 

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