Simnova

Simnova

Simnova Bio is a clinical stage biotechnology company focused on developing Cell Therapies to treat cancer. Learn more

Launch date
Market cap
-
Enterprise valuation
CAD150—225m (Dealroom.co estimates Mar 2024.)
Shanghai China (HQ)
  • Edit
DateInvestorsAmountRound
*

CNY200m

Series A
Total FundingCAD37.5m

Recent News about Simnova

Edit
More about Simnovainfo icon
Edit

Simnova Biotherapeutics is a clinical-stage biotechnology company dedicated to developing advanced cell therapies for cancer treatment. Founded in 2019 as the cell therapy discovery arm of Simcere Pharmaceuticals in Cambridge, MA, Simnova became an independent entity in 2021 with operations in both China and the United States. The company focuses on creating best-in-class cell therapies, aiming to revolutionize cancer treatment through innovative biotechnological solutions.

Simnova Biotherapeutics primarily serves patients battling various forms of cancer, offering them cutting-edge therapeutic options that leverage the latest advancements in cell therapy. The company operates in the highly competitive biotechnology market, where it distinguishes itself through its strong research and development capabilities and strategic partnerships.

The business model of Simnova Biotherapeutics revolves around the development, clinical testing, and eventual commercialization of its cell therapy products. Revenue is generated through a combination of research grants, partnerships with pharmaceutical companies, and future sales of approved therapies. By focusing on both the U.S. and Chinese markets, Simnova aims to maximize its reach and impact in the global fight against cancer.

Keywords: cell therapy, cancer treatment, biotechnology, clinical-stage, innovation, research and development, biopharmaceutical, oncology, global operations, advanced therapies.