Best Oncology Companies in Shanghai, China
The 93 best Oncology companies in Shanghai, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: CStone Pharma.
Our analysis of 50 Oncology companies
$16.3b in tracked funding; 86% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Oncology companies in Shanghai
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | CStone Pharma Developing and licensing novel drugs for diseases including cancer and autoimmune diseases | $410M | 68 mo ago | 476 | 2016 | — | — | 1 partnership |
| 2 | Tianjing Biological Developer of immuno-oncology drugs for treating cancer and autoimmune diseases 55Funding top 21%Market top 41%Moat top 48%Talent bottom 49% All 7 signals ▾Fundingtop 21% Markettop 41% Moattop 48% Talentbottom 49% Globalbottom 46% Techbottom 45% Newsbottom 21% Funding: Raised $380M across 5 rounds · 5 rounds over 9 yrs (0.6/yr) Market: 318 employees (top 5% of Life Sciences) · Top-10,000,000 web property rank vs industry peers · Fliar Intelligence Index 55/100 | $380M | 28 mo ago | 318 | 2014 | Yan Jingwu Chairman & CEO | — | — |
| 3 | 3DMed Provider of personalized diagnostic treatment solutions for cancer | $365M | 68 mo ago | 215 | 2010 | Simon Shung Founder | — | — |
| 4 | HaiHe Biopharma Developer of reformulations for cancer treatment | $333M | 46 mo ago | 181 | 2012 | Ruiping Dong CEO | 90 patents Small-molecule inhibitors for oncology targets (PARP1, AR, MAT2A, SOS1, ENPP1) and formulations. | — |
| 5 | LianBio Developer of therapeutics for cardiorenal and oncology diseases | $313M | 62 mo ago | 163 | 1999 | Bing Li CEO | — | — |
| 6 | Harbour BioMed Developer of antibody therapeutics in immunology and oncology disease | $313M | 71 mo ago | 167 | 2016 | Jingsong Wang Founder | 241 patents Bispecific antibody therapeutics targeting immune checkpoints and tumor antigens | 2 launchs · 1 partnership |
| 7 | CARsgen Developer of CAR-T cell therapies for the treatment of hematological malignancies and solid tumors | $276M | 67 mo ago | 525 | 2014 | Huamao Wang Co-Founder & COO | — | — |
| 8 | D3 Bio Developer novel therapeutics for cancer 40Funding top 20%Growth top 35%Talent bottom 49%Moat bottom 48% All 7 signals ▾Fundingtop 20% Growthtop 35% Talentbottom 49% Moatbottom 48% Techbottom 40% Globalbottom 38% Marketbottom 28% Funding: Raised $262M across 3 rounds · 3 rounds over 6 yrs (0.5/yr) Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 40/100 | $262M | 6 mo ago | — | 2018 | George Chen Founder & CEO | — | — |
| 9 | Elpiscience Developer of checkpoint inhibitors for the treatment of cancer | $260M | 61 mo ago | 150 | 2017 | — | — | — |
| 10 | Antengene Developer of small molecule drugs for the treatment of cancer and autoimmune diseases | $238M | 71 mo ago | 359 | 2015 | Jay Mei Founder & CEO | — | — |
| 11 | EpimAb Biotherapeutics Bispecific antibody therapies using its proprietary FIT-Ig platform | $219M | 63 mo ago | 49 | 2015 | — | 123 patents Bispecific antibody therapeutics targeting immune checkpoints and tumor antigens | — |
| 12 | Singlera Genomics Developer of the NGS-based platform to detect cancer 72Moat top 21%Funding top 26%Market top 30%Patents top 33% All 6 signals ▾Moattop 21% Fundingtop 26% Markettop 30% Patentstop 33% Innovationtop 41% Globalbottom 40% Moat: Editorial + unicorn rating 8/10 · IP moat: 29 patents Funding: Raised $209M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) rank vs industry peers · Fliar Intelligence Index 72/100 | $209M | 23 mo ago | 300 | 2014 | — | 29 patents Liquid biopsy DNA methylation biomarkers for cancer detection and tumor assessment | — |
| 13 | JW Therapeutics Developer of cell immunotherapy products for cancer treatment | $200M | 71 mo ago | 490 | 2016 | James Li Co-Founder & CEO | 34 patents Small‑molecule KRAS G12C and EGFR inhibitors for targeted cancer therapy | — |
| 14 | Gracell Bio Developer of CAR T cell therapies for the treatment of cancer | $195M | 34 mo ago | 9 | 2017 | Wei Cao Founder & CEO | — | — |
| 15 | OriCell Therapeutics Developer of immuno-therapeutics for cancer treatment 72Funding top 16%Patents top 27%Moat top 28%Innovation top 34% All 8 signals ▾Fundingtop 16% Patentstop 27% Moattop 28% Innovationtop 34% Newstop 36% Markettop 37% Talentbottom 49% Globalbottom 43% Funding: Raised $170M across 4 rounds · 4 rounds over 4 yrs (1.0/yr) Patents: 56 patents matched (strict assignee match) · 55 filings since 2022 vs 1 in 2017-21 rank vs industry peers · Fliar Intelligence Index 72/100 | $170M | 2 mo ago | 150 | 2015 | He Xiaowen Co-Founder | 56 patents Patents concentrated in health & consumer products | — |
| 16 | Laekna Developer of therapeutics for cancer and liver fibrosis | $168M | 49 mo ago | — | 2016 | Chris Lu Founder And Ceo | 12 patents Combination pharmaceutical formulations for cancer therapy | 1 partnership |
| 17 | GenFleet Therapeutics Developer of drugs for treating tumors and autoimmune diseases | $166M | 53 mo ago | — | 2017 | Jiong Lan Co-Founder & CEO | 210 patents Design and synthesis of small‑molecule kinase inhibitors, macrocycles, and antibody‑drug conjugates for oncology. | — |
| 18 | Zai Lab Developer of drugs for anti-cancer and anti-inflammatory diseases | $160M | 107 mo ago | 2,036 | 2013 | — | — | — |
| 19 | TYK Medicines Developer of drugs for the treatment of cancer | $154M | 29 mo ago | 100 | 2018 | Wu Yusheng Founder & CEO | 164 patents Patents concentrated in chemistry & materials | — |
| 20 | ImmuneOnco Biopharmaceuticals Developer of therapeutic solutions for treating cancer | $146M | 62 mo ago | 152 | 2015 | Tian Wenzhi Founder & CEO | 74 patents Designing recombinant fusion proteins and antibodies for immune‑checkpoint and tumor‑antigen targeting | — |
| 21 | Duality Biologics Developer of ADC therapeutics to treat cancer and autoimmune diseases | $120M | 61 mo ago | — | 2020 | John Zhu Founder&Ceo | 136 patents Bispecific antibody‑drug conjugates and targeted therapeutic antibodies for oncology. | 1 job opening |
| 22 | ECO Pharma Developer of oncology therapies for treating cancer | $103M | 78 mo ago | — | 2001 | Xiaoming Zou Co-Founder & CEO | — | — |
| 23 | Innovative Cellular Therapeutics Developer of CAR-T cell therapies for blood cancers and solid tumors | $97M | 57 mo ago | 14 | 2009 | Lei Xiao CEO | 73 patents Engineered immune cells for adoptive cell therapy targeting tumor antigens | — |
| 24 | Full-Life Technologies Provider of discovery, development, production, and logistics services for of nuclear medicines 48Funding top 17%Talent top 28%Patents top 33%Growth top 35% All 9 signals ▾Fundingtop 17% Talenttop 28% Patentstop 33% Growthtop 35% Innovationtop 45% Moattop 47% Globalbottom 45% Marketbottom 32% Techbottom 22% Funding: Raised $94.3M across 8 rounds · 8 rounds over 5 yrs (1.6/yr) Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 48/100 | $94M | 1 mo ago | — | 2021 | HH Ting Co-Founder And Chief Strategy Officer | 24 patents Targeted radiopharmaceuticals and antibody therapeutics for cell‑surface receptors | — |
| 25 | Inxmed Developer of treatments for drug resistance and metastases in solid tumors | $84M | 47 mo ago | 50 | 2018 | Francis Cao Co-Founder | — | — |
| 26 | GRIT Biotechnology Developer of cell therapy to treat solid tumours | $75M | 33 mo ago | — | 2020 | Liu Yarong Founder & CEO | 56 patents Engineered immune cell therapies and multispecific biologics for cancer immunotherapy | — |
| 27 | Aboz Pharmaceuticals Developer of targeted radiotherapy for cancer treatment | $75M | 54 mo ago | 1 | 2021 | Alex Qiao CEO | — | — |
| 28 | Phrontline Biopharma Developer of therapeutics for various diseases 64Talent top 28%Funding top 29%Global bottom 48% All 3 signals ▾Talenttop 28% Fundingtop 29% Globalbottom 48% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Funding: Raised $60.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 64/100 | $60M | 6 mo ago | — | 2022 | Siyi Hu Co-Founder | — | — |
| 29 | NUTSHELL Developer of small molecule-based therapeutic solutions for the treatment of cancer | $60M | 51 mo ago | — | 2009 | Zhengtian Yu Co-Founder & CTO | — | — |
| 30 | Hrain Biotechnology Developer of tumor immunotherapy technology | $57M | 61 mo ago | 260 | 2015 | — | 21 patents Nanobody/antibody therapeutics targeting CD70, MSLN, Trop2 and related cancer immunotherapies | — |
| 31 | Neukio Biotherapeutics Developer of cell therapies to treat cancer | $50M | 45 mo ago | — | 2021 | Liqun Wang Founder | 9 patents Patents concentrated in chemistry & materials | — |
| 32 | ABM Developer of small molecules therapeutics to treat cancer | $50M | 53 mo ago | — | 2015 | Chen Chen Co-Founder & CEO | — | — |
| 33 | Kechow Pharma Chinese, early stage biotech developing MEK inhibitors for Lung and colorectal cancers. | $45M | 78 mo ago | 80 | 2014 | — | — | — |
| 34 | Kangpu Developer of small molecule drugs to treat cancer, auto-immune, and inflammatory disease | $39M | 61 mo ago | 25 | 2011 | Chuansheng Ge Co-Founder & CEO | — | — |
| 35 | OnQuality Developer of therapeutics for skin cancers | $35M | 62 mo ago | — | 2018 | Shiyi Zhang Founder | — | — |
| 36 | Mab venture Early stage company developing therapeutic antibodies | $35M | 99 mo ago | — | 2013 | George Wang CEO & Founder | 5 patents Therapeutic antibodies targeting LAG-3 immune checkpoint for cancer immunotherapy | — |
| 37 | Junshi BioPharma Provider of antibody-based therapeutics for multiple diseases | $31M | 99 mo ago | 2,772 | 2012 | — | — | — |
| 38 | Conjustar Developer of drug conjugates for the treatment of cancer | $28M | 28 mo ago | — | 2022 | Shuyi Tang CEO | — | — |
| 39 | ITabMed Developer of immunotherapeutics to treat cancer | $20M | 54 mo ago | — | 2020 | Xiaoqiang Yan CEO | 5 patents Bispecific antibody therapeutics targeting CD19 and CD3 for cancer immunotherapy | — |
| 40 | Polaris Biology Single-cell diagnostic platform for detection of tumors | $18M | 71 mo ago | — | 2016 | Yuchong Wang CEO | 32 patents Advanced mass spectrometry hardware for single-particle analysis and biomolecule labeling | — |
| 41 | Yipu Bio Developer of diagnostic tests for the detection of cancer | $16M | 50 mo ago | — | 2018 | Hua Lin CEO | — | — |
| 42 | GloriousMed Provider of gene testing services for immunodiagnosis and treatment | $16M | 56 mo ago | — | 2015 | Jin Ge CEO | — | — |
| 43 | REMD Provider of steep pulse treatment device for prostate cancer | $15M | 57 mo ago | 100 | 2015 | — | — | — |
| 44 | Guangzhou Asima Biomedical Technology Developer of antibody drugs for treating cancer | $15M | 58 mo ago | — | 2017 | Yang Chunxu Co-Founder | — | — |
| 45 | Shanghai Luoqi Biomedical Technology Developer of nano-antibody drugs for multiple ailments | $15M | 63 mo ago | 18 | 2017 | — | — | — |
| 46 | Enkai Sai Pharmaceutical Developer of cellular therapeutics for cancer treatment | $15M | 47 mo ago | — | — | Tian Zhigang Founder | — | — |
| 47 | Nk-Celltech Provider of immuno-oncologic drugs for cancer 40Market top 45%Funding top 46%Global bottom 38% All 3 signals ▾Markettop 45% Fundingtop 46% Globalbottom 38% Market: 60 employees (top 31% of Life Sciences) Funding: Raised $14.9M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 40/100 | $15M | 11 mo ago | 60 | 2020 | — | — | — |
| 48 | Shanghai Aipqiang Particle Equipment Provider of proton therapy systems and related particle equipment | $6M | 36 mo ago | 68 | 2012 | — | — | — |
| 49 | Anpac Developer of novel multi-level and multi-parameter liquid biopsy tests for cancer | $2M | 125 mo ago | 75 | 2008 | Herbert Yu Co-Founder | — | — |
Top 12 Oncology companies in Shanghai
#1
Series D · Shanghai, Shanghai · founded 2021$94.3Mraised▾
Provider of discovery, development, production, and logistics services for of nuclear medicines. The Company endeavors to tackle fundamental challenges affecting radiopharmaceuticals. It manufactures radiopharmaceutical drug products.
- May 2026Series D$110M
- May 2026Conventional Debt$40M
- Sep 2025Series C$50M
- Sep 2025Conventional Debt$27M
#2
Series D · Pudong, Shanghai · founded 2015 · 150 employees$170Mraised▾
Developer of immuno-therapeutics for cancer treatment. It offers CAR-T- based therapies and antibodies for the treatment of liver cancer, ovarian cancer, gastric cancer, cervical cancer, non-small cell lung cancer, and others.
- Apr 2026Series D$110M
- Jan 2026Series C$70M
- Feb 2023Series B$45M
- Aug 2022Series B$125M
#3
Series B · Shanghai, Shanghai · founded 2018$262Mraised▾
Developer novel therapeutics for cancer. The company is focusing on developing innovative medicines in oncology and immunology. The company's pipeline include D3S-001 for the treatment of advanced unresectable or metastatic colorectal cancers.
- Dec 2025Series B$108M
- Apr 2024Series A$62M
- Nov 2020Series A$200M
#4
Seed · Pudong, Shanghai · founded 2022$60Mraised▾
Developer of therapeutics for various diseases. It offers a proprietary dual linker payload ADCs that are delivered to and concentrated in the tumor microenvironment, and bispecific dual payload ADCs that have the benefits of dual targeting that dilever two different MOA of payloads to cancel cells simultaneously.
- Nov 2025Seed$60M
#5
Series B · Pudong, Shanghai · founded 2014 · 300 employees$208.6Mraised▾
Developer of the NGS-based platform to detect cancer. The company has methylation haplotyping technology for detecting cancer biomarkers. Tumor cells release circulating tumor DNA (ctDNA) into the blood when undergoing apoptosis or necrosis and this ctDNA is detected as cancer biomarkers. The company has developed a PanSeer assay that measures distinct tumor-specific methylation patterns in adjacent methylation sites. It can detect cancer up to four years before conventional diagnosis.
- Jul 2024Series B$13.8M
- Jun 2022Series B$44.9M
- Dec 2020Series B$150M
- 2018Series A—
#6
Series A · Pudong, Shanghai · founded 2020 · 60 employees$14.9Mraised▾
Provider of NK cell therapy for treating cancer, cellular drugs to precisely target of tumors and tumor immune microenvironment (TIME)
- Jul 2025Series A$13.9M
- Jul 2022Series A$14.9M
#7
Public · Shanghai, Shanghai · founded 2014 · 318 employees$380Mraised▾
Developer of immuno-oncology drugs for treating cancer and autoimmune diseases. The company has developed an in-house platform to generate monoclonal antibodies through hybridoma and phage display technologies. The company's product line include Olamkicept used for treating ulcerative colitis, TJ202 for Multiple myeloma / Autoimmune diseases, TJ101 for pediatric growth hormone deficiency, TJ301 for Ulcerative colitis / Auto-immune disease, Enoblituzumab for T cell activation combined with tumor-killing, etc.
- Feb 2024Post IPO$69.9M
- Sep 2020Post IPO$418M
- Jun 2018Series C$220M
- Mar 2017Series B$150M
#8
Public · Xuhui, Shanghai · founded 2018 · 100 employees$153.6Mraised▾
Developer of drugs for the treatment of cancer. The company's products include TY-9591 is used to treat brain metastasis, TY-302 is used to treat solid tumours and ovarian cancer, TY-2136 is used for NSCLC, and TY-1036 is for MTC and NSCLC. These drugs can also be used with the combination of other drugs to treat cancer and other solid tumours.
- Dec 2023Series D—
- Jan 2022Series C$51.7M
- May 2021Series B$62.1M
- Dec 2020Series B$39.8M
#9
Acquired · Shanghai, Shanghai · founded 2017 · 9 employees$195.2Mraised▾
Developer of CAR T cell therapies for the treatment of cancer. The company has developed a gene-editing platform to produce multiplex CAR T cell therapies such as FasTCAR, TruUCAR, and Donor-derived CAR for multiple myeloma, lymphoma, and leukemia. The company is also working on a combination of CAR-T with co-stimulatory factors.
- Aug 2023Post IPO—
- Oct 2020Series C$100M
- Feb 2019Series B$85M
- Sep 2018Series A$10.2M
#10
Series B · Pudong, Shanghai · founded 2012 · 181 employees$332.7Mraised▾
Developer of reformulations for cancer treatment. The company's lead product candidate Liporaxel is used as an oral formulation for the treatment of cancer. Other products of the company include ON101 used for reducing wound inflammation, Lucitanib used for the treatment of cancer, etc.
- Jul 2022Series B$14.8M
- Jul 2020Series B$171.3M
- Feb 2019Series A$146.6M
#11
Series B · Shanghai, Shanghai · founded 2020$75.3Mraised▾
Developer of cell therapy to treat solid tumours. The company uses Tumor Infiltration Lymphocytes (TIL) for the development of tumour immunotherapy. TIL is a tumour-specific killer T-cell which targets multiple tumour antigens in the tumour microenvironment.
- Sep 2023Series B$60M
- Dec 2020Series A$15.3M
#12
Public · Shanghai, Shanghai · founded 2016 · 476 employees$410Mraised▾
CStone Pharma, a Shanghai-Suzhou startup, is developing and licensing novel drugs with a focus on immuno-oncology along with drugs for cardiovascular diseases, hematology and autoimmune diseases (e.g - rheumatoid arthritis). It has a robust oncology pipeline with eight assets in clinical stages. It is working on various targets including IDHm1, PDL-1, FGFR4, RET, PD-1, etc. The lead molecule, TIBSOVO has got FDA approval.
- Sep 2020Post IPO$200M
- May 2018Series B$260M
- Jul 2016Series A$150M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Oncology coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Oncology in Shanghai is moving
A read on the academic research around Oncology in Shanghai — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 2,011 papers.
Shanghai Jiao Tong University and Fudan University's cancer centers dominate optimistic oncology research, primarily advancing immunotherapy, biomarkers, and nanotheranostics with overwhelmingly breakthrough-focused output.
- Shanghai Jiao Tong University687
- Fudan University Shanghai Cancer Center317
- Shanghai Medical College of Fudan University190
- Shanghai University of Traditional Chinese Medicine190
- Shanghai Cancer Institute126
- Tumor microenvironment6→357
- Immunotherapy2→306
- Immune system3→273
- Cancer research9→268
- Cancer immunotherapy1→150
- Tumor microenvironment6→509
- Immune system2→404
- Cancer research7→353
- Immunotherapy5→326
- Cancer immunotherapy4→118
- Tumor microenvironment2→66
- Immunotherapy1→54
- Immune system1→39
- Cancer3→36
- Cancer immunotherapy1→20