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§ Private Profile · 1227 Zhangheng Rd Third Floor, Building #1, Shanghai, CN
Developer of innovative, affordable tumor immunotherapy drugs.
Oricell Therapeutics is a clinical-stage biotechnology company focused on developing next-generation cell therapies. The firm innovates effective and accessible immunotherapies, primarily leveraging CAR-T technology to address significant unmet medical needs in both oncology and immunology. Their scientific approach emphasizes generating competitive proof-of-concept data for novel cellular drugs to treat a broad range of indications, including liquid and solid tumors.
The company was founded in 2015 by Helen Yang, Ph.D., who serves as Co-founder, Chairperson, and CEO, and Peter He, Ph.D., its Co-founder and CSO. Dr. Yang brings extensive operational and management experience from prior C-suite roles, while Dr. He is a seasoned molecular biologist and immunologist with over two decades of expertise in cell development and tumor immune microenvironment research. Their combined insight recognized the global imperative for pioneering, yet affordable, immunotherapeutic solutions.
Oricell Therapeutics targets patients suffering from challenging diseases within oncology and immunology, seeking to provide life-extending treatments. The company's vision is to become a global leader in innovation-driven novel immunotherapies, committed to finding cures for patients and profoundly impacting their quality of life by enabling them to return to health and restart vitality.
Oricell Therapeutics has raised $263.0M across 4 funding rounds.
Oricell Therapeutics has raised $263.0M in total across 4 funding rounds.
Oricell Therapeutics is a clinical-stage biotechnology company developing innovative, affordable immunotherapies, primarily CAR-T cell therapies targeting unmet needs in oncology, such as relapsed or refractory multiple myeloma.[1][2][4] Its lead product, a GPRC5D-targeting autologous CAR-T therapy (Ori-C101), has received FDA IND approval (December 2023), NMPA IND approval (August 2023), and FDA Orphan Drug Designation (October 2022), with initial clinical data presented at ASCO and EHA 2022 and published in *The Lancet Haematology*.[1] The company serves patients with hematologic malignancies and solid tumors, addressing high costs and limited access to effective treatments through a cell therapy platform focused on efficacy and affordability.[3][4] Growth momentum includes over $120 million in Series B financing (August 2022), a pre-A round from Qiming Venture Partners (December 2019), and strategic partnerships like a $142 million bispecific antibody deal with Antengene (June 2022).[2]
Founded in February 2015 in Shanghai, Oricell Therapeutics emerged from a focus on pioneering cell therapy technologies to tackle global unmet needs in immunotherapy.[2][4] The company's backstory centers on building a proprietary platform for CAR-T and other immunotherapies, with early R&D results in liver cancer published in *Protein & Cell* (June 2018) and presentations at the 2018 Chinese Conference on Translational Medicine (October 2018).[2] Pivotal early traction came via a strategic cooperation with Beijing Yimiaoshenzhou Medical Technology (May 2018) and pre-A funding from Qiming Venture Partners (December 2019), fueling expansion into multiple myeloma and bispecific antibodies, marked by government recognitions like Shanghai's technology innovation funding (June 2022).[2]
Oricell rides the CAR-T and cell therapy wave in immuno-oncology, targeting solid tumors and blood cancers amid a market projected to grow rapidly due to rising cancer incidence and immunotherapy breakthroughs.[1][4] Timing aligns with global regulatory accelerations—FDA orphan designations and INDs signal faster paths to market—while China's biotech hub status (Shanghai Pudong) provides funding and talent advantages.[2] Market forces like affordability demands in emerging economies favor Oricell's model, influencing the ecosystem by partnering with firms like Cytiva and Antengene to scale manufacturing and global reach, potentially lowering barriers for next-gen therapies.[2]
Oricell is poised for Phase 1/2 trial readouts on Ori-C101, potential label expansions to other GPRC5D+ cancers, and bispecific antibody milestones, bolstered by its funding runway.[1][2] Trends like AI-optimized cell engineering, combo therapies, and China-US regulatory harmonization will shape its path, amplifying influence in affordable oncology. As a 2015 entrant scaling to global partnerships, Oricell exemplifies how focused innovation meets clinical urgency, positioning it to redefine accessible immunotherapies.[1][2][4]
Oricell Therapeutics has raised $263.0M across 4 funding rounds. Most recently, it raised $70.0M Series C in January 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 13, 2026 | $70M Series C | Beijing Pharmaceutical And Health Industry Investment Fund, William HU | NGS Super, Talon Capital | Announced |
| Jun 1, 2025 | $28M Series U | — | Qiming Venture Partners | Announced |
| Feb 1, 2023 | $45M Series B | RTW Investments, Qatar Investment Authority | Qiming Venture Partners | Announced |
| Jul 1, 2022 | $120M Series B | Qiming Venture Partners, Quan Capital | — | Announced |
Oricell Therapeutics has raised $263.0M in total across 4 funding rounds.
Oricell Therapeutics's investors include Beijing Pharmaceutical and Health Industry Investment Fund, William Hu, NGS Super, Talon Capital, Qiming Venture Partners, RTW Investments, Qatar Investment Authority, Quan Capital.