James Li (JW)

Teamed up with Lyell, Juno/WuXi joint ven­ture files IPO bet­ting on Chi­na's CAR-T fu­ture

JW Ther­a­peu­tics got its start on the back of CAR-T tech from Juno Ther­a­peu­tics, a joint ven­ture bank­ing on the promise of mar­ry­ing cut­ting-edge Amer­i­can tech­nol­o­gy with WuXi AppTec’s state-of-the-art process de­vel­op­ment and late-stage clin­i­cal in­fra­struc­ture in Chi­na. Four years lat­er, a col­lab­o­ra­tion with a Juno co-founder’s new start­up is ce­ment­ing a bridge to the pub­lic mar­ket.

Lyell has grant­ed JW ex­clu­sive Chi­na rights to two CAR-T pro­grams tar­get­ing AFP and GPC3, anti­gens ap­plic­a­ble broad­ly across sol­id tu­mors, the com­pa­nies an­nounced last week. JW not­ed in its IPO fil­ing on the Hong Kong stock ex­change that it’s al­so nabbed rights to the T-cell an­ti-ex­haus­tion func­tion­al­i­ty.

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