Fundraising Fox

Brii Biosciences

Public Β· 2 known investors

briibio.com β†—

Hong Kong-listed (2137.HK) biotech founded in 2018 developing infectious disease therapies, led by hepatitis B functional-cure programs.

Also known as 2137.HK Β· Brii Bio Β· Brii Biosciences Limited

Investors Β· 2

Also in the syndicate Β· 1

Yunfeng Capital

Company profile

researched Aug 2026

Brii Biosciences is a biotechnology company developing therapies for diseases with high unmet medical need and limited treatment options, with lead programs directed at hepatitis B virus (HBV) infection. The company describes its focus as first-in-class and/or different-in-class treatment options for infectious diseases, particularly in areas associated with social stigma and few therapeutic alternatives. It was established in 2018 and has operations in both China and the United States, and has been listed on the Hong Kong Stock Exchange under the code 2137.HK since July 13, 2021.

The therapeutic focus areas listed by the company are chronic HBV infection, hepatitis D virus (HDV) co-infection, HBV-related hepatocellular carcinoma, multidrug-resistant (MDR) infections and antimicrobial resistance, and HIV. In HBV, Brii is assembling a portfolio of candidates with different modalities intended to be combined for different patient subgroups, with the goal of raising functional cure rates above the 3-7% the company attributes to currently available options. In MDR, its pipeline includes a first-in-class cyclic peptide, soralimixin. In HIV, it describes a portfolio of long-acting options including once-weekly oral therapies and long-acting injectable formulations. Named clinical assets in the sources include BRII-179 (VBI-2601), studied in the Phase 2 ENSURE trial and the Phase 2b ENRICH and ENHANCE chronic hepatitis B studies, plus the licensed PreHevbri adult HBV vaccine and VBI-1901.

One source describes the company as also pursuing conditions affecting the central nervous system, and a business-data aggregator lists a Vice President of Neuroscience among key team members; the company's own materials describe its focus as infectious diseases.

Founding story

Brii Biosciences was founded in 2018 by Zhi Hong, an 11-year GlaxoSmithKline veteran who had served as a vice president leading GSK's infectious disease business. Hong stated that the pace of pharmaceutical innovation had accelerated but that the reach of those innovations in China had been limited by regulatory structure, slow reimbursement timelines, Big Pharma's prioritization of other markets, and limited patient ability to pay for and access high-quality healthcare. The company launched in May 2018 with $260 million in committed capital and a three-pronged approach of partnerships, best-in-class R&D and application of digital and data insight.

Business model

Brii Bio develops proprietary and in-licensed therapeutic candidates and monetizes them through clinical development toward approval, complemented by licensing and partnership arrangements. It has both in-licensed assets (for example BRII-179/VBI-2601 and PreHevbri from VBI Vaccines, and an option to license up to four assets from Vir Biotechnology) and out-licensed assets (soralimixin licensed to Joincare Group for Greater China, with Brii retaining rights elsewhere). At founding, the company also described a model built on leveraging external R&D capacity, contracting with WuXi AppTec and WuXi Biologics rather than building equivalent internal infrastructure.

The sources do not describe approved marketed products or a detailed revenue model; disclosed commercial arrangements consist of licensing agreements, including an exclusive license granted to Joincare Group for soralimixin in Greater China and in-licenses from VBI Vaccines. One third-party aggregator refers generically to a "significant revenue range" without specifying figures.

Traction

The lead HBV asset BRII-179 has generated Phase 2 ENSURE data presented at APASL 2025 and EASL 2026, and the company reported topline end-of-treatment results from the Phase 2b ENRICH and ENHANCE chronic hepatitis B studies in July 2026. The company has been publicly listed since 2021 and reports interim financial results. A third-party aggregator estimates approximately 86 employees as of July 2026 across Asia and North America, while listing an employee band of 51-200. Brii Bio received a Gold Bell Seal for Workplace Mental Health from Mental Health America in 2023 and subsequently a Platinum Bell Seal certification.

Latest developments

Company press releases dated in 2026 report topline end-of-treatment data from the Phase 2b ENRICH and ENHANCE chronic hepatitis B studies (July 3, 2026), late-breaking Phase 2 ENSURE data at EASL Congress 2026 supporting BRII-179's potential role in durable immunological control of HBV (May 27, 2026), and corporate updates with 2026 interim financial results (August 21, 2026). In June 2025 Brii formed an alliance with Joincare Pharmaceutical Group covering soralimixin in Greater China. A third-party news item dated May 2025 reports a $450 million funding round; this figure conflicts with another aggregator's statement that total funding to date is $415 million with the last round on March 23, 2021, and is not corroborated by company sources.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Brii Bio describes itself as advancing a broad pipeline in infectious disease with lead programs in HBV, a market it characterizes as having more than 290 million people infected globally, an estimated 820,000 deaths annually from chronic HBV complications, and current options achieving only 3-7% functional cure. It cites more than 300,000 new HBV-related HCC cases annually in China, more than 38 million people living with HIV globally, and nearly five million deaths worldwide associated with bacterial antimicrobial resistance in 2019. A third-party directory lists comparable or similar companies including Roivant, BridgeBio, WuXi AppTec, Moderna, Editas Medicine, Genentech, AbbVie, EQRx, Celgene, Gilead Sciences, Novartis Institutes for BioMedical Research and Amgen.

Brii Bio positions its HBV strategy around building multiple candidates with distinct therapeutic modalities so that combination regimens can be tailored to different HBV patient subpopulations, in contrast to the current standard of care, which it describes as requiring lifelong medication and delivering only a 3-7% functional cure rate. In HIV it emphasizes long-acting once-weekly oral and injectable formulations versus once-daily pill regimens. At founding it also framed itself as addressing China-specific barriers to innovative medicines, combining partnerships, in-house R&D and digital/data approaches.

Technology

The pipeline spans multiple therapeutic modalities. Named assets include BRII-179 (VBI-2601), an HBV immunotherapeutic candidate evaluated for its ability to prime and boost HBsAg loss; PreHevbri, a prophylactic 3-antigen adult HBV vaccine licensed from VBI Vaccines for Asia-Pacific excluding Japan; VBI-1901, licensed for Asia-Pacific excluding Japan; and soralimixin, a first-in-class cyclic peptide for multidrug-resistant infections. The company also describes long-acting HIV formulations, including once-weekly oral therapies and long-acting injectables. It acquired intellectual property and manufacturing technologies from VBI Vaccines in 2024.

Go-to-market

The company advances candidates through clinical trials and presents data at scientific congresses such as APASL and EASL. Commercial reach is pursued substantially through licensing and alliances: in-licensing assets from VBI Vaccines and an option arrangement with Vir Biotechnology, and out-licensing soralimixin to Joincare Group for Greater China. Its founding strategy also included partnerships with WuXi for R&D capabilities and Alibaba for digital patient engagement and clinical trial data.

Patients with chronic hepatitis B virus infection, hepatitis D virus co-infection, HBV-related hepatocellular carcinoma, multidrug-resistant bacterial infections, and HIV, together with the healthcare providers, regulators, public health bodies and corporate partners the company identifies as key stakeholders.

Geography

The company states operations in both China and the United States. At launch it was described as based in Shanghai with operations in Beijing, San Francisco and Durham, North Carolina; a later secondary source lists sites in Raleigh-Durham, the San Francisco Bay Area, Beijing and Shanghai, and another lists the company's location as Durham, North Carolina. Open roles posted on the company's careers page are in Beijing, Guangzhou and Chengdu/Chongqing, China. Licensing rights are segmented geographically, including Greater China (soralimixin, licensed to Joincare) and Asia-Pacific excluding Japan (PreHevbri, VBI-1901).

History

Brii Biosciences was established in 2018 and launched publicly in May 2018 with $260 million in committed capital and three simultaneous partnerships (Vir Biotechnology, WuXi and Alibaba). It was listed on the Hong Kong Stock Exchange under stock code 2137.HK on July 13, 2021. In July 2023 it expanded its HBV partnership with VBI Vaccines to obtain a global license to BRII-179 (VBI-2601) and Asia-Pacific (excluding Japan) rights to the PreHevbri adult HBV vaccine; in February 2024 it acquired intellectual property and manufacturing technologies from VBI Vaccines and gained an Asia-Pacific (ex-Japan) license to VBI-1901. Brian Alvin Johns was appointed Chief Scientific Officer in January 2024. In June 2025 the company formed an alliance with Joincare Pharmaceutical Group, granting Joincare Greater China rights to soralimixin. Through 2025-2026 the company reported Phase 2 ENSURE data at APASL 2025 and EASL 2026 and topline end-of-treatment data from the Phase 2b ENRICH and ENHANCE chronic hepatitis B studies.

Risks & controversies

The company is clinical-stage in its disclosed programs, with lead assets in Phase 2/2b, so outcomes depend on trial results and regulatory review. Founder Zhi Hong noted at launch that the company's runway depended on its success in forming partnerships. Funding figures reported by third parties are inconsistent ($450 million round reported May 2025 versus $415 million total funding with a last round in March 2021), and one third-party description attributes a central nervous system focus that the company's own materials do not state; these discrepancies are unresolved in the available sources.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Employee rangeJul 202651-200
EmployeesJul 202686 people
Open job postingsJan 20263 postings
Total funding raisedJul 2026$415M

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 15

launches, deals, and filings
Aug 2026
Corporate updates and 2026 interim financial results

source β†—

Jul 2026
Topline end-of-treatment data from Phase 2b ENRICH and ENHANCE studies in chronic hepatitis B

source β†—

May 2026
Late-breaking Phase 2 ENSURE data presented at EASL Congress 2026

Company press release on late-breaking data supporting the potential role of BRII-179 in achieving durable immunological control of HBV.

source β†—

Jun 2025
Alliance with Joincare Pharmaceutical Group

Brii Biosciences partnered with Joincare Pharmaceutical Group Industry Co., Ltd.; Joincare obtained an exclusive license from Brii Bio for research, development and commercialization of the cyclic peptide soralimixin in Greater China, with Brii retaining rights outside Greater China.

source β†—

Mar 2025
Phase 2 ENSURE data for BRII-179 presented at APASL 2025

Brii Bio presented new data from its ongoing Phase 2 ENSURE study at APASL 2025 on BRII-179's potential to prime and boost higher HBsAg loss through target patient identification.

source β†—

Jan 2025
Platinum Bell Seal for Workplace Mental Health from Mental Health America

Brii Bio was certified as a Platinum Bell Seal organization by Mental Health America, building on its 2023 Gold Bell Seal recognition. Date of the platinum award is not stated in the source.

source β†—

Feb 2024
Acquisition of intellectual property and manufacturing technologies from VBI Vaccines

Brii Biosciences acquired intellectual properties and manufacturing technologies from VBI Vaccines; Brii also gained an exclusive license to develop and commercialize VBI-1901 in the Asia-Pacific region excluding Japan.

source β†—

Jan 2024
Brian Alvin Johns appointed Chief Scientific Officer

source β†—

Jul 2023
Expanded HBV partnership with VBI Vaccines

VBI and Brii Bio announced an expansion of their HBV partnership including an exclusive global license to develop and commercialize BRII-179 (VBI-2601) and an exclusive license to develop and commercialize PreHevbri, VBI's prophylactic 3-antigen adult HBV vaccine, in the Asia Pacific region excluding Japan.

source β†—

Jan 2023
Gold Bell Seal for Workplace Mental Health from Mental Health America

source β†—

Jul 2021
Listing on the Hong Kong Stock Exchange (2137.HK)

Brii Biosciences was officially listed on the Hong Kong Stock Exchange under stock code 2137.HK.

source β†—

May 2018
Brii Biosciences launches with $260M in committed capital

Founded by former GlaxoSmithKline infectious disease VP Zhi Hong, the company launched with $260 million in committed capital and three initial partnerships (Vir Biotechnology, WuXi, Alibaba).

$260M source β†—

May 2018
Digital health collaboration with Alibaba

Collaboration on digital approaches to improve development and delivery of new drugs, including patient education, adherence and use of hospital data in trial design.

source β†—

May 2018
Option agreement with Vir Biotechnology

Brii obtained an option to license up to four assets from Vir Biotechnology's infectious disease pipeline.

source β†—

May 2018
R&D capability agreement with WuXi

Deal giving Brii access to WuXi AppTec and WuXi Biologics R&D capabilities.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Brii Biosciences do?
Hong Kong-listed (2137.HK) biotech founded in 2018 developing infectious disease therapies, led by hepatitis B functional-cure programs.
Who are Brii Biosciences's investors?
Brii Biosciences's investors include ARCH Venture Partners.