On October 20, 2020 Beijing Immunochina Pharma reported that it raised $15 million in C+ round of financing to support its portfolio of 12 CAR-T candidates (Press release, Immunochina, OCT 20, 2020, View Source [SID1234568787]). Established in 2015, Beijing Immunochina has developed a serum-free production process and large-scale gene vector production platforms to improve the safety and efficacy of CAR-T products. It has started clinical trials for one CAR-T candidate, IM19, that it is co-developing with China’s Simcere Pharma for leukemia and non-Hodgkin’s lymphoma.

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