O
OrigiMed
Developing new technologies and clinical applications for all types of cancer patients
About OrigiMed
OrigiMed, established in Shanghai in May 2016 by co-founders Dr. Kai Wang, Hui Kang, and Catherine Qin, operates as a data-driven precision medicine company focused on oncology. The firm is dedicated to providing comprehensive molecular diagnostic information to cancer patients and offers genomics services to biopharmaceutical partners to support the development of biomarker-driven drugs.
The company's business model is centered on leveraging high-throughput, next-generation sequencing (NGS) technologies to analyze the genomic features of tumors. This allows for the identification of specific molecular markers that can guide targeted therapies and immunotherapies for cancer patients. OrigiMed serves a diverse client base that includes individual patients, over 200 teaching hospitals and a thousand doctors across China, as well as pharmaceutical and insurance companies. For biopharma partners, the company provides solutions to accelerate drug development, from identifying novel biomarkers to supporting clinical trials with real-world data. Revenue is generated through these diagnostic services, partnerships with pharmaceutical companies, and collaborations with insurance firms to create tailored products.
A core offering is the company's comprehensive genomic profiling, which analyzes a wide range of solid tumor types. Its laboratories are CLIA certified and CAP accredited. OrigiMed has developed proprietary bioinformatics algorithms and maintains one of China's largest pan-cancer real-world databases, OMSmartData, which integrates clinical, pathological, and genomic data to support oncology drug development. This platform helps pharmaceutical clients to define patient populations, visualize data, and accelerate insights, reportedly saving significant time and cost in data collection for studies. The company has also launched several cutting-edge NGS products for purposes like minimal residual disease (MRD) monitoring, and a mobile platform called "Dr. Groundhog" for sharing precision medicine data.
Since its inception, OrigiMed has achieved significant milestones, including multiple rounds of financing from investors like IDG Capital, Grand Flight Investment, and Star Ventures. The company has established a prestigious Scientific Advisory Board with internationally recognized experts in cancer genomics and immunotherapy. A pivotal achievement was a large-scale study on the genomic characteristics of Asian cancer populations, which filled a significant data gap and found that 64% of Chinese cancer patients have a clinically druggable gene mutation. This provides a crucial evidence base for advancing precision medicine in China. OrigiMed has also formed strategic partnerships with entities like the CSCO Foundation, Ping An Health Insurance, and pharmaceutical companies such as Janssen and Bayer to build an innovative ecosystem for precision medicine.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Headquarters
- Huangpu, China
- Employees
- 138
- Open positions
- None listed
- Dealroom signal
- 11.3/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Oncology, Biotech and Pharma, Hard Tech, DT and LS
- Technology
- Big Data
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GROWTH EQUITY VCEquity / VC | Nov 2020 | $0 | — | Jianmu (Shanghai) Investment Management | ↗ |
| SERIES B✓Equity / VC | Dec 2018 | $29M | $116M | Grand Flight Investment | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for OrigiMed is 360 monthly website visits, down 70% over the last three months. OrigiMed's team declined 7.4% over the past year.
Similar companies
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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 A1 investor entered at this stage
Grand Flight Investment
Series B and later1 investor entered at this stage
- JMJianmu (Shanghai) Investment Management
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about OrigiMed on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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