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ImmVira
China-based biotechnology company focused on the development of new generation oncolytic viruses as potential cancer therapeutics
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Oct 2022 | — | — | Lifebay · China Merchants Capital · Unifortune Investment | ↗ |
| SERIES COther financing | Dec 2020 | — | — | Hillhouse Capital · OrbiMed · Lanting Capital · China Merchants Capital | — |
Growth signals
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.
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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.
Series A4 investors entered at this stage
Hillhouse Capital
Huagai Capital
Cowin Capital
Apricot Capital
Series B and later8 investors entered at this stage
OrbiMed- LCLanting Capital
- CCChina Merchants Capital
- WCWinDigital Capital
Octagon Capital Partners- GIGreater Bay Area Homeland Investments
- LILifebay
- UIUnifortune Investment
Other known investors1 additional known investor
The University of Chicago
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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