On February 21, 2020 Shanghai’s ImmuneOnco Biopharma reported that it raised $6.4 million in a Pre-B round to support its pre-clinical portfolio of immunotherapy cancer candidates (Press release, ImmuneOnco Biopharma, FEB 21, 2020, View Source [SID1234554623]). Founded in 2015, the company is developing bi-specific antibodies, novel recombinant proteins, target-specific natural killer (NK) cells, a target-activated NK (TANK) cell therapy, a CAR-T cell therapy, and mAbs that target immune regulation pathways. Tian Wenzhi, chairman and general manager, said the capital would support clinical studies of two ImmuneOnco candidates, IMM01 and IMM0306.

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