Juno Therapeutics and WuXi set up new biotech in China

9 April 2016

USA-based Juno Therapeutics (Nasdaq: JUNO) has joined forces with China’s WuXi AppTec, a leading open-access R&D capability and technology platform company, to establish a new, equally-owned, company in China.

To be called JW Biotechnology (Shanghai) Co, the new firm’s mission is to build China's leading cell therapy company by leveraging Juno's world-class chimeric antigen receptor (CAR) and T cell receptor (TCR) technologies together with WuXi AppTec's R&D and manufacturing platform and local expertise to develop novel cell-based immunotherapies for patients with hematologic and solid-organ cancers.

James Li, formerly a Kleiner Perkins partner and general manager of Amgen China, and a JW Biotechnology co-founder, has been appointed chief executive of the joint venture.

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