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Bioheng Granted US Orphan Drug Status for Universal CAR-T Therapy

publication date: Jun 21, 2021

Nanjing Bioheng Biotech reported its universal CAR-T cell therapy was granted US Orphan Drug Designation to treat T-cell acute lymphoblastic leukemia. Bioheng's pipelines include the allogeneic CAR-T, which is used for hematologic and solid tumors. The company says a universal product solves the drawbacks of high cost and a long wait to develop an individual CAR T therapy. Earlier this year, Bioheng raised $80 million in Series B Financing co-led by GL Ventures, the venture capital unit of Hillhouse Capital, Decheng Capital and Octagon Capital. More details....

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