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ImmVira

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China-based biotechnology company focused on the development of new generation oncolytic viruses as potential cancer therapeutics

Central and Western District, Hong KongFounded 2015Biotech & Life Sciences
Valuation $250–500M Last recorded · 2020
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About ImmVira

ImmVira is a clinical-stage biotechnology company established in May 2015, specializing in the development of anti-cancer therapies using genetically modified viruses. The company was founded by a distinguished group of academics, including Professor Bernard Roizman and Professor Grace Zhou from the University of Chicago, leveraging decades of research in virology. Professor Roizman is a world-renowned virologist, recognized for his foundational contributions to the field of human herpesvirus research. Dr. Grace Zhou, who serves as the company's Chairwoman and CEO, has over 30 years of experience in virology, immunology, and biotechnology and previously served as a Research Associate Professor at the University of Chicago and a professor at Guangzhou Medical University.

ImmVira's core business revolves around its proprietary drug development platform, OVPENS (Open Vector+ Potent, Enabling, Novel & Safe), which utilizes biological vectors like the oncolytic herpes simplex virus (oHSV) and biosynthetic exosomes to deliver anti-cancer agents. The company's business model is focused on the research, development, and eventual commercialization of these therapies, targeting a range of solid tumors and hematologic malignancies. Revenue generation will likely stem from drug sales post-approval, alongside strategic partnerships, co-development agreements, and out-licensing deals, such as its collaboration with Roche on a combination therapy study.

The company's lead product candidate is MVR-T3011, a 3-in-1 oncolytic virus engineered from HSV-1. This product is designed to selectively replicate within and destroy tumor cells while also expressing two additional therapeutic proteins—an anti-PD-1 antibody and Interleukin-12 (IL-12)—to stimulate a potent anti-tumor immune response within the tumor microenvironment. ImmVira is developing MVR-T3011 for multiple administration routes, including intratumoral (IT) injection for direct delivery to the tumor and intravenous (IV) administration for treating metastatic cancers. Clinical trials are underway in both the U.S. and China for various cancers, including head and neck squamous cell carcinoma (HNSCC), for which the FDA has granted Fast Track designation, non-muscle-invasive bladder cancer (NMIBC), and late-stage solid tumors. The company's pipeline also includes MVR-C5252, which targets malignant glioma, and therapies for non-oncology fields like cosmetic and dermatological conditions.

Since its inception, ImmVira has secured significant funding through multiple rounds, including a $58 million Series B in 2020 and subsequent Series C rounds, attracting investors such as Huagai Capital, China Merchants China Direct Investments, and Shanghai Healthcare Capital. These funds support the advancement of its clinical trials, pipeline expansion, and the construction of a global R&D and commercialization base in Suzhou, which is expected to house manufacturing and research facilities.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
Central and Western District, Hong Kong
Employees
15
Open positions
None listed
Dealroom signal
26.7/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Spinout, Biotech and Pharma, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Oct 2022 — — Lifebay · China Merchants Capital · Unifortune Investment ↗
SERIES COther financing Dec 2020 — — Hillhouse Capital · OrbiMed · Lanting Capital · China Merchants Capital —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

ImmVira website traffic

Latest recorded traffic for ImmVira is 520 monthly website visits, up 160% over the last three months. ImmVira's team grew 0% over the past year.

Latest monthly visits520 3-month web change+160% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

13 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

Series B and later8 investors entered at this stage

  • OrbiMed
  • Lanting Capital
  • China Merchants Capital
  • WinDigital Capital
  • Octagon Capital Partners
  • Greater Bay Area Homeland Investments
  • Lifebay
  • Unifortune Investment

Other known investors1 additional known investor

  • The University of Chicago
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇨🇳 China62.5%
🇺🇸 United States25%
🇨🇦 Canada12.5%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about ImmVira on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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