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Immorna Biotherapeutics
A biotechnology company focused on the development of mRNA-based therapeutics and vaccines
About Immorna Biotherapeutics
Founded in 2019, Immorna Biotherapeutics is a clinical-stage biotechnology firm specializing in RNA-based therapeutics and vaccines. The company was co-founded by CEO Dr. Zihao Wang, a biopharmaceutical veteran with a Ph.D. in Biological Chemistry from The Johns Hopkins University, and CTO Zhijun Guo, who has over 30 years of experience in the infectious disease vaccine industry. Dr. Wang is recognized as a pioneer in self-replicating mRNA (srRNA) CMC development and has guided the creation of Immorna's core technology platforms. Mr. Guo brings extensive expertise in CMC development, tech transfer, and GMP manufacturing from his previous leadership roles at companies including GSK Vaccines.
Immorna operates on a business model that combines in-house drug development with Contract Development and Manufacturing Organization (CDMO) services. This dual approach allows the company to both advance its proprietary pipeline and offer its integrated RNA development and GMP manufacturing platform to other biotech organizations, research institutes, and CROs. The company has secured significant funding, raising a total of $115 million over three rounds, including a nearly $100 million Series A+ and A++ financing in 2023. Notable investors include Hillhouse, China Growth Capital, and the Gates Foundation, which provided a $3.8 million grant in August 2024 to support the clinical development of an RSV vaccine.
The company's technological foundation rests on multiple RNA platforms, including conventional mRNA, self-replicating RNA (srRNA), and circular RNA. A key asset is its proprietary delivery systems, which encompass various lipid nanoparticles (LNPs) and polymer-based vehicles designed for intramuscular, intravenous, and tissue-targeting applications. A notable feature is the 'Ready-to-Use' LNP technology, which offers enhanced thermal stability and a long shelf-life at refrigerated temperatures (2-8 °C). This addresses a critical logistical challenge in the distribution of RNA vaccines. Immorna's diverse development pipeline targets major unmet medical needs across cancer immunotherapy, infectious diseases, rare genetic diseases, and medical cosmetology. Key clinical-stage assets include JCXH-211, an srRNA encoding IL-12 for solid tumors, and JCXH-108, an RSV vaccine. The company has received multiple IND clearances from both the FDA in the U.S. and the NMPA in China, transitioning several programs into clinical trials.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- Morrisville, United States
- Employees
- 17
- Open positions
- None listed
- Dealroom signal
- 63.0/100
- Industry
- Health
- Sub-industry
- Pharmaceutical, BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Vaccines, Disease, Biotech and Pharma, Hard Tech, DT and LS, science-based
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANTOther financing | Aug 2024 | $0 | — | Bill & Melinda Gates Foundation | ↗ |
| SERIES AOther financing | Feb 2023 | $100M | $400M | Cowin Venture · Taiyu Capital · Yuexiu Industrial Fund · Tailong Investment | ↗ |
Growth signals
Latest recorded traffic for Immorna Biotherapeutics is 500 monthly website visits, down 66.7% over the last three months. Immorna Biotherapeutics's team declined 19% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Bill & Melinda Gates Foundation
Series A10 investors entered at this stage
Cowin Venture- TCTaiyu Capital
- YFYuexiu Industrial Fund
- TITailong Investment
Shenzhen Zhenji Capital
China Growth Capital
Hillhouse Capital- ZCZheshang Venture Capital
Xiamen C&D- GFGuotiao Innovation Fund
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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