Abbisko Therapeutics is a technology company.
Abbisko Therapeutics is a technology company.
Abbisko Therapeutics has raised $232.0M across 3 funding rounds.
Abbisko Therapeutics has raised $232.0M in total across 3 funding rounds.
Abbisko Therapeutics is a clinical-stage biopharmaceutical company focused on discovering and developing innovative small molecule therapies primarily for cancer and other life-threatening diseases. Founded in 2016 and based in Shanghai, China, Abbisko builds a rich pipeline of over 10 drug candidates targeting oncology indications such as hepatocellular carcinoma, gastroesophageal junction cancer, and giant cell tumor of tendon sheath. Their products serve patients with unmet medical needs by addressing cancers that lack effective treatments, leveraging a multi-dimensional discovery platform that integrates cancer genomics, computational chemistry, and biomarker science to accelerate drug development[1][2][3].
The company was founded by a team of experienced drug hunters with backgrounds from leading global and Chinese pharmaceutical firms. The idea emerged from their collective expertise in drug discovery and a shared vision to create differentiated therapies for cancer. Abbisko has achieved early traction through successful financing rounds totaling over $110 million led by prominent investors like Temasek, Qiming Venture Partners, and Lilly Asia Ventures, alongside multiple IND approvals and ongoing Phase 1 and Phase 2 clinical trials in the US, China, and Taiwan[3][4].
Abbisko operates at the intersection of biotechnology innovation and precision oncology, riding the global trend toward targeted cancer therapies and personalized medicine. The timing is favorable due to advances in cancer genomics, computational drug design, and regulatory support for accelerated oncology drug development. Their multi-dimensional platform and global clinical strategy position them to contribute meaningfully to the evolving cancer treatment ecosystem, particularly addressing unmet needs in China and worldwide. By in-licensing assets from global pharma and advancing their own pipeline, Abbisko helps bridge innovation between Western and Chinese biotech sectors[1][3][5].
Abbisko Therapeutics is poised for continued growth as it advances multiple clinical candidates through late-stage trials and expands its pipeline. Trends such as precision oncology, biomarker-driven drug development, and increased global collaboration in biotech will shape their trajectory. Their influence is likely to grow as they bring differentiated cancer therapies to market, potentially improving outcomes for patients with difficult-to-treat cancers. Continued strategic financing and partnerships will be critical to sustaining innovation and scaling their impact in the competitive biopharmaceutical landscape[3][5].
In sum, Abbisko Therapeutics exemplifies a modern biopharma company leveraging cutting-edge science and global clinical development to address critical oncology needs, with a strong foundation for future success.
Abbisko Therapeutics has raised $232.0M in total across 3 funding rounds.
Abbisko Therapeutics's investors include Qiming Venture Partners.
Abbisko Therapeutics has raised $232.0M across 3 funding rounds. Most recently, it raised $120.0M Series D in January 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2021 | $120.0M Series D | Qiming Venture Partners | |
| Mar 1, 2020 | $70.0M Series C | Qiming Venture Partners | |
| Mar 1, 2019 | $42.0M Series B | Qiming Venture Partners |