JW Therapeutics
Shanghai, CN · Founded 2016 · 194 employees on LinkedIn · Public · 11 known investors
A biopharmaceutical company developing CAR-T cell therapies for cancer treatment. The company produces Benastim (瑞基奥仑赛注射液), a CAR-T therapeutic approved by China's National Medical Products Administration.
Also known as JW Therapeutics (HKEx:2126) · 上海药明巨诺生物科技有限公司 · 药明巨诺
Investors · 11
Also in the syndicate · 8
Company profile
researched Aug 2026JW Therapeutics (Shanghai JW Biotechnology Co., Ltd. / 上海药明巨诺生物科技有限公司) is a biotechnology company focused on the development, manufacture and commercialization of cell immunotherapy products. It was founded in 2016 as a joint venture between WuXi AppTec Group and Juno Therapeutics, combining Juno's cell therapy technology platform with WuXi AppTec's China-based R&D, manufacturing and partnership network. The company is listed on the Hong Kong Stock Exchange under stock code 2126.
The company has built an integrated platform spanning academic discovery, process development, manufacturing, quality management and clinical application, and a pipeline covering hematologic malignancies, solid tumors and autoimmune diseases. Its first investigational product was JWCAR029, a CD19-directed CAR-T therapy initially studied in relapsed/refractory diffuse large B-cell lymphoma; this became relmacabtagene autoleucel (relma-cel), marketed in China as Carteyva® (倍诺达®, 瑞基奥仑赛注射液), which was approved by China's National Medical Products Administration and, per the company's site, launched with a program to train and certify treating hospitals. Later-stage pipeline and program disclosures referenced by the company include JWCAR201, JWCAR239 and a next-generation MAGE-A4 TCR-T program in China.
Founding story
The company was co-founded in 2016 by Juno Therapeutics and WuXi AppTec Group to bring advanced cell-based therapies to patients in China, pairing Juno's technology and platform with WuXi AppTec's local expertise, R&D and manufacturing capabilities. Dr. James Li served as co-founder and CEO and Dr. Ge Li, chairman of WuXi AppTec Group, as chairman.
Business model
The company develops, manufactures and commercializes autologous cell immunotherapy products, selling approved products such as Carteyva® through certified treating hospitals in China and advancing a clinical pipeline; it also enters licensing and collaboration agreements with partners including Juno Therapeutics and Regeneron.
Commercial sales of approved cell therapy products in China, supported by reimbursement listings such as the NHSA commercial health insurance innovative drug directory, alongside licensing and collaboration agreements.
Traction
Its CAR-T product Carteyva® (relma-cel) is approved and marketed in China, with a published list of hospitals trained and certified to use it, approval in Macao (June 2025), breakthrough therapy designation in China for second-line r/r large B-cell lymphoma (January 2025), and inclusion in the first edition of the NHSA commercial health insurance innovative drug directory (December 2025). Clinical activity includes the RELIANCE trial in r/r large B-cell lymphoma, a Phase I study of relma-cel in Chinese adults with active systemic lupus erythematosus submitted to the NMPA (October 2025), investigator-initiated studies in systemic sclerosis, and first patient infusion in a JWCAR239 study for r/r B-cell non-Hodgkin lymphoma (September 2025).
Latest developments
Recent company announcements include presentation of two positive relma-cel study results in SLE and SSc at EULAR (June 2026), preclinical data on JWCAR201 and JWCAR239 at ASGCT (May 2026), a late-breaking systemic sclerosis IIT abstract at the Systemic Sclerosis World Congress (March 2026), JWCAR201 IIT data at the 67th ASH Annual Meeting (December 2025), inclusion of Carteyva® in the NHSA commercial health insurance innovative drug directory (December 2025), and an expanded strategic collaboration with Regeneron on TCR-T therapy (October 2025).
▸Full profile — market position, technology, go-to-market, geography, history
Market position
The company positions itself as an independent innovator in China's cell immunotherapy sector and states an aim to lead the healthy and standardized development of that industry. Presenting RELIANCE trial results, it described the study as the first demonstration of licensure-quality CAR-T manufacturing and clinical trial data generation in relapsed/refractory patients originating in China, with relma-cel showing comparable preliminary response rates and PK to, and potential for an improved toxicity profile versus, other CD19-directed CAR-Ts approved in the US and EU.
The company emphasizes a comprehensive and differentiated pipeline spanning hematological cancers and solid tumors, including allogeneic approaches, small-molecule combination strategies and CAR-T products with new gene modifications, and cites clinical evidence suggesting relma-cel may offer an improved toxicity profile relative to other approved CD19 CAR-Ts while achieving similar preliminary response rates.
Technology
Core technology is chimeric antigen receptor T-cell (CAR-T) therapy, beginning with the CD19-directed candidate JWCAR029 (relmacabtagene autoleucel). The company describes an integrated cell immunotherapy platform covering discovery, process development, GMP manufacturing and quality management, including in-house lentiviral vector production, and states its pipeline includes next-generation approaches such as allogeneic cell therapies, combinations with small molecules, CAR-T products with new gene modifications, and TCR-T programs (including a MAGE-A4 TCR-T program).
Go-to-market
Products are delivered through hospitals that complete company-run training and certification for administering 瑞基奥仑赛注射液; the company also maintains regulatory filings for its medical representatives in China and pursues payer listings and regulatory expansions into additional indications and jurisdictions.
Patients in China and beyond with hematologic malignancies (notably relapsed/refractory large B-cell lymphoma / DLBCL), solid tumors and autoimmune diseases such as systemic lupus erythematosus and systemic sclerosis, treated at hospitals certified to administer the company's CAR-T products.
Geography
Headquartered in Shanghai, China, with products marketed in mainland China and approval obtained in Macao; the company states ambitions for patients in China and globally and presents data at international conferences in the US and Europe.
History
JW Therapeutics was established in 2016 by Juno Therapeutics and WuXi AppTec Group. By 2018 it had initiated clinical development of its first CD19-directed CAR-T candidate, JWCAR029, had an IND accepted by the China Food and Drug Administration, and had built a validated clinical GMP facility; that year it closed a US$90 million Series A round. Its CAR-T product 瑞基奥仑赛注射液 (Carteyva®/倍诺达®) was approved for marketing by China's NMPA, with the company publishing a list of trained and certified treating institutions dated 1 September 2021. Subsequent milestones disclosed in company press releases include a breakthrough therapy designation in China for Carteyva® as second-line treatment in relapsed/refractory adult large B-cell lymphoma (January 2025), an sLVV license agreement with Juno Therapeutics (April 2025), NMPA acceptance of a supplemental biologics license application for second-line use (May 2025), marketing approval in Macao (June 2025), first patient infusion in a JWCAR239 study (September 2025), NMPA acceptance of a post-marketing supplemental application using an in-house produced lentiviral vector (October 2025), an expanded strategic collaboration with Regeneron on TCR-T cell therapy (October 2025), and inclusion of Carteyva® in the first edition of the National Healthcare Security Administration's commercial health insurance innovative drug directory (December 2025).
Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 16
launches, deals, and filingsThe company announced that its CAR-T product 瑞基奥仑赛注射液 (Carteyva®/倍诺达®) had been approved for marketing by China's National Medical Products Administration, and published the list of medical institutions trained and certified to administer it.
Round led by Temasek, Sequoia Capital China and YuanMing Capital with participation from Oriza Seed Capital, Yipu Capital, AVICT Global Holdings, Shiyu Capital, LVC Super Unicorn Fund and existing investors WuXi AppTec Group and Juno Therapeutics; proceeds earmarked for the JWCAR029 clinical program, pipeline development and a new commercial manufacturing facility.
$90M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 6
primary sources listed
- JW Therapeuticsjwtherapeutics.com · web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does JW Therapeutics do?
- Hong Kong-listed (HKEx:2126) Chinese cell immunotherapy company founded by WuXi AppTec and Juno Therapeutics in 2016.
- Who are JW Therapeutics's investors?
- JW Therapeutics's investors include Acorn Pacific Ventures, ARCH Venture Partners, YuanBio Venture Capital.
- Where is JW Therapeutics headquartered?
- JW Therapeutics is headquartered in Shanghai, CN.

