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§ Public · Shanghai, Shanghai, China
Clinical-stage biotech company developing small-molecule drugs for cancer, gout, and metabolic diseases, advancing preclinical and clinical.
InventisBio is a clinical-stage biotech company developing innovative small-molecule drugs for cancer, gout, and other major diseases, based in Shanghai, China, with operations in Boston, Massachusetts. The company raised approximately $177 million, including a $147 million Series D in September 2020 led by Hillhouse affiliate GL Ventures. Key investors include Lilly Asia Ventures, OrbiMed Asia Partners, and SinoPharm Capital. Founded in 2015 by Dr. Yaolin Wang and senior scientists from Merck and Schering-Plough, InventisBio leverages an integrated R&D platform. This platform advances preclinical and clinical candidates targeting unmet medical needs in oncology and metabolic diseases, with four small-molecule drug candidates in its pipeline, some progressing into clinical trials. Its business model centers on venture capital-funded biotech developing proprietary drug candidates for clinical advancement and commercialization.
InventisBio has raised $239.0M across 3 funding rounds.
InventisBio has raised $239.0M in total across 3 funding rounds.
InventisBio has raised $239.0M across 3 funding rounds. Most recently, it raised $150.0M Series D in September 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2020 | $150M Series D | Hillhouse Affiliate GL Ventures | Qiming Venture Partners, Advantech Capital, Aihc Capital, CMB International, Dyee Capital, Janchor Partners, Lilly Asia Ventures, Matrix Partners China, OrbiMed, Pudong Innotek | Announced |
| Mar 12, 2019 | $70M Series C | Advantech Capital, CMB International | Lilly Asia Ventures, OrbiMed, Pudong Innotek | Announced |
| May 31, 2017 | $19M Series B | Jonathan Wang | Lilly Asia Ventures | Announced |
InventisBio is a clinical-stage biotechnology company developing small-molecule therapeutics for oncology, metabolic, and autoimmune diseases to address unmet medical needs.[1][2][4] It has achieved two drug approvals in oncology—Garsorasib (D-1553, a KRAS G12C inhibitor approved in China on November 5, 2024) and Befotertinib (D-0316, an EGFR T790M inhibitor approved May 29, 2023)—with three additional candidates in clinical trials, including one in Phase 3 registration trials in China.[1][2][4][6] The company serves patients with cancers like non-small cell lung cancer, plaque psoriasis, hyperuricemia, and breast cancer, leveraging proprietary platforms to design innovative compounds through preclinical and clinical stages.[3][5][6] Its growth is evidenced by recent milestones like positive Phase 2 results for D-2570 (TYK2 inhibitor) in psoriasis and new breakthrough therapy designations.[4]
InventisBio was founded by scientists with extensive R&D and management experience from global pharmaceutical companies, establishing headquarters in Shanghai's Pudong district and U.S. operations in New Jersey.[1] The idea emerged from this team's expertise in biotech innovation, focusing on high-need areas like oncology and metabolic diseases where existing treatments fall short.[1][2] Early traction came through rapid pipeline advancement, culminating in approvals for Garsorasib and Befotertinib, pivotal moments that validated their small-molecule design platforms and positioned them for Phase 3 expansions.[1][4][6]
InventisBio rides the wave of precision oncology and autoimmune therapies, capitalizing on China's booming biotech sector with accelerated NMPA approvals and growing demand for mutation-specific drugs like KRAS G12C and EGFR inhibitors.[4][5][6] Timing aligns with global shifts toward small-molecule innovation amid rising cancer incidences and post-patent-cliff needs for next-gen treatments.[3] Market forces favoring it include China's supportive policies for domestic biotech, cross-border collaborations, and expanding Phase 3 trials that influence regional ecosystems by validating homegrown platforms against global standards.[1][2] It contributes by accelerating approvals for underserved indications, fostering a pipeline that benchmarks against international players.
InventisBio's trajectory points to Phase 3 readouts and potential additional approvals, especially for D-2570 in psoriasis and expansions of Garsorasib into new cancers, amid trends like AI-driven drug design and China-U.S. biotech synergies.[4][6] Evolving regulations and partnerships will amplify its influence, potentially scaling U.S. presence and global licensing deals. As a leader in targeted small molecules, it exemplifies biotech's shift toward rapid, need-focused innovation—poised to redefine treatments from Shanghai to worldwide clinics.[1][3]
InventisBio has raised $239.0M in total across 3 funding rounds.
InventisBio's investors include Hillhouse affiliate GL Ventures, Qiming Venture Partners, Advantech Capital, AIHC Capital, CMB International, Dyee Capital, Janchor Partners, Lilly Asia Ventures, Matrix Partners China, OrbiMed, Pudong Innotek, Jonathan Wang.