Celgenyx Closes $14 Million A Round for Off-the-Shelf Cell Therapies

On October 25, 2022 Hangzhou Celgenyx reported that it completed a $14 million Series A Round to support development of its off-the-shelf cell therapies, either through partnerships or its own R&D (Press release, Hangzhou Celgenyx, OCT 25, 2022, View Source [SID1234622467]). All of the capital was contributed by Vivo Partners from an RMB fund. Hangzhou Celgenyx is a development-stage biotech, dedicated to the acquisition and development of next-gen cell immunotherapies for malignant cancers. Celgenyx expects to complete construction of a 3000 square meter R&D center and GMP pilot production base in Hangzhou before the end of 2022.

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