Fundraising Fox

Qihan Biotech

5 known investors

Hangzhou-based gene-editing biotech developing immune-privileged cell therapies and xenogeneic organs for transplant and cancer.

Also known as Hangzhou Qihan Biotech Co., Ltd. · Qihan Bio · 启函生物

Investors · 5

Also in the syndicate · 1

Jinkong Capitallead

Company profile

researched Aug 2026

Qihan Biotech (Hangzhou Qihan Biotech Co., Ltd.) is a biotechnology company founded in 2017 and based in Xiaoshan District, Hangzhou, Zhejiang, China. It combines multiplexable genome editing with transplantation immunology to create immunologically privileged allogeneic cells and xenogeneic organs intended as therapies for cancer, organ failure and other conditions. The company applies its editing tools in both human stem cells and animal germline cells.

Its stated platform targets a range of cell and organ outputs, including kidney, intestine, heart, lung, liver and skin on the organ side, and islet cells, cardiomyocytes, neurons and immune cells on the cell side. Third-party profiles describe an immune-privileged cell and organ platform producing cells and organs able to evade immune attack, such as natural killer cells for immuno-oncology and cardiomyocytes, neurons and islet cells for regenerative medicine, plus a secondary agricultural application producing gene-edited animals with enhanced agronomic traits or multi-disease resistance.

The disclosed clinical pipeline centers on gene-edited cell therapies: QN-019a, a multi-locus gene-editing cell therapy for CD19-positive B-cell lymphoma cleared by China's NMPA in July 2023; QT-019C, a universal dual-target CAR-T candidate for autoimmune diseases positioned as a low-lymphodepletion, off-the-shelf therapy, which received U.S. FDA IND clearance in May 2026; and QT-019B, a universal dual-target CAR-T therapy that received FDA RMAT and Breakthrough Therapy designations in June 2026.

Founding story

Qihan Biotech was co-founded in 2017 by two pioneers in genome editing technology. Co-founder and CEO Dr. Luhan Yang holds a PhD in Human Biology and Translational Medicine from Harvard Medical School, is a co-inventor of CRISPR-Cas9 technologies, and was co-founder and former president and CSO of eGenesis. Harvard/MIT geneticist George Church is listed as a co-founder and co-chair of Qihan's scientific advisory groups.

Business model

Qihan Biotech is a therapeutics developer that builds proprietary gene-editing and immune-shielding platforms and advances its own pipeline of cell therapy candidates (for example QN-019a, QT-019B and QT-019C) through regulatory clearance in China and the United States. Sources also indicate an applied line in agriculture, producing animals with enhanced agronomical traits or multi-disease resistance via multi-genome editing. The sources do not describe pricing, contracts or commercial revenue arrangements.

Not described in the available sources; the company is pre-commercial in the disclosed material, with candidates at the IND and designation stage.

Traction

Disclosed traction consists of regulatory milestones rather than commercial metrics: NMPA IND approval for QN-019a (July 2023), FDA IND clearance for QT-019C (May 2026), and FDA RMAT plus Breakthrough Therapy designations for QT-019B (June 2026), alongside a pre-Series B raise of more than CNY 100 million in September 2023.

Latest developments

In May 2026 the FDA cleared the IND for QT-019C, a universal dual-target CAR-T candidate for autoimmune diseases. In June 2026 QT-019B received both RMAT and Breakthrough Therapy designations from the FDA, coverage of which described a set of expedited FDA designations for the therapy. In July 2026 CEO Luhan Yang was named to the inaugural global cohort of the Aspen Institute Technology Leaders Initiative.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Third-party profiles characterize Qihan as a gene-editing organ transplantation and cell therapy developer at roughly Series A stage as of the Preqin profile, with backing from investors including Alta Partners, ARCH Venture Partners, Sequoia and Jinkong Capital. Its shares are listed as available on a secondary pre-IPO marketplace. The sources do not provide market share, revenue or comparative ranking data.

The company positions itself around multiplexable (multi-locus) genome editing combined with immune-shielding expertise, enabling immune-privileged allogeneic cells and xenogeneic organs. Its published work includes extensive germline genome engineering in pigs, multiplexed anti-ASFV CRISPR-Cas9 testing, and RNA-guided human genome engineering via Cas9. Its cell therapy candidates are described as universal, dual-target and off-the-shelf, with QT-019C framed as a low-lymphodepletion option.

Technology

Multiplexable (multi-locus) genome editing, including CRISPR-Cas9-based editing, applied to human stem cells and animal germline cells, coupled with immune-shielding approaches drawn from transplantation immunology to produce immune-privileged allogeneic cells and xenogeneic organs. Referenced publications cover extensive germline genome engineering in pigs, multiplexed anti-ASFV CRISPR-Cas9, and RNA-guided human genome engineering via Cas9.

Go-to-market

Sources describe a regulatory- and pipeline-driven path: securing IND clearances in China and the U.S. and pursuing expedited FDA pathways (RMAT, Breakthrough Therapy) for its CAR-T candidates. No distribution, partnership or commercial sales channels are described in the available sources.

Patients requiring cell and organ therapies, including those with CD19-positive B-cell lymphoma, autoimmune diseases, organ failure and conditions addressed by regenerative medicine; agricultural applications target gene-edited livestock with disease resistance.

Geography

Headquartered at Chuanhua Kechuang Mansion, Xiaoshan Innovation Polis, Xiaoshan District, Hangzhou, Zhejiang, China (zip 311200). Regulatory activity spans China (NMPA) and the United States (FDA), and the company describes global development ambitions for its gene-edited stem cell products.

History

The company was co-founded in 2017 by two pioneers in genome editing technology and is headquartered in Hangzhou, Zhejiang, China. In July 2023 it announced NMPA approval of the IND for QN-019a, a multi-locus gene-edited cell therapy for CD19-positive B-cell lymphoma. In September 2023 it raised more than CNY 100 million in pre-Series B funding from Jinkong Capital. In May 2026 the U.S. FDA cleared the IND for QT-019C, and in June 2026 the FDA granted RMAT and Breakthrough Therapy designations to QT-019B. In July 2026 CEO Luhan Yang was selected for the inaugural cohort of the Aspen Institute Technology Leaders Initiative.

Risks & controversies

No controversies are reported in the available sources. General risk factors evident from the material include a pipeline still at investigational stage in both China and the U.S., and dependence on regulatory clearances; financial disclosures are limited and largely behind paywalled subscriber data.

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

Key figures

latest reported
Company stageJan 2025Series A
Pre-Series B round sizeSep 2023More than CNY 100 million

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

Timeline · 5

launches, deals, and filings
Jul 2026
CEO Luhan Yang selected for Aspen Institute Technology Leaders Initiative

Co-founder and CEO Dr. Luhan Yang was named one of 22 leaders in the inaugural global cohort of the Aspen Institute's Technology Leaders Initiative.

source ↗

Jun 2026
FDA grants RMAT and Breakthrough Therapy designations to QT-019B

QT-019B, an internally developed universal dual-target CAR-T therapy, received both Regenerative Medicine Advanced Therapy (RMAT) designation and Breakthrough Therapy Designation from the U.S. FDA.

source ↗

May 2026
FDA clears IND for QT-019C universal dual-target CAR-T

The U.S. FDA cleared the IND application for QT-019C, a universal dual-target CAR-T candidate positioned as a low-lymphodepletion, off-the-shelf CAR-T therapy for autoimmune diseases.

source ↗

Sep 2023
Pre-Series B financing of more than CNY 100 million

Qihan Biotech raised more than CNY 100 million in pre-Series B funding from new investor Jinkong Capital, to be used for product iteration and global development of gene-edited stem cell products.

source ↗

Jul 2023
NMPA clears IND for QN-019a gene-edited cell therapy

China's NMPA approved the Investigational New Drug application for QN-019a, a multi-locus gene-editing cell therapy product for CD19-positive B-cell lymphoma.

source ↗

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

In the news

Research sources · 8

primary sources listed

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

Frequently asked questions

What does Qihan Biotech do?
Hangzhou-based gene-editing biotech developing immune-privileged cell therapies and xenogeneic organs for transplant and cancer.
Who are Qihan Biotech's investors?
Qihan Biotech's investors include Alta Partners, ARCH Venture Partners, LAV, Sequoia Capital.