On June 9th 2021, Genhouse Bio, a biotech company focusing on development of next-generation anti-cancer therapeutics, announced a $31M+ series A financing led by Shenzhen Capital Group, Viva Biotech, In Capital, Legend Star, Hengbo Tongzhou Capital and Sanhua Hongdao Capital. Also participating was Genhouse’s existing investor: Sharewin Capital.
Genhouse is an innovative biotech company targeting the global market, the focus of which is developing novel small molecule anti-cancer therapeutics. It has built R&D centers in Suzhou and Shanghai exceeding 5000 m2. Genhouse has established in-house technology platforms to drive new drug development and built a distinguished pipeline with more than 10 drug candidates.
In 2020, Genhouse successfully out-licensed its SHP2 inhibitor to HUYABIO, an international biotech company, which verifies Genhouse’s global innovation capability. In March 2021, CDE accepted IND application of GH35 (a KRAS G12C inhibitor). Besides GH35, its SHP2 inhibitor, GH21 is also expected to enter clinical trial this year.
As Genhouse becomes a clinical-stage biotech company, its drug development journey will enter a new stage. Genhouse will keep digging into the RAS signaling pathway— also developing a SOS1 inhibitor and pan-KRAS inhibitor with full speed. At the same time, the more innovative Pipeline 2.0 with higher global value and competency will also make significant progress this year.
“We are grateful for the support and recognition of our new investors and the constitutive accompany of our existing investor,” said Dr. Kuifeng Wang, founder and CEO of Genhouse, “Genhouse will keep increasing R&D investment and attracting high-level talents to build the AIDD+ platform and strengthen our core competency and expand our pipeline. We are confident in the future development of our lead product candidates. We will always keep our idea of ‘Remain true to science, broaden knowledge for life’ in heart and devote all we have to the healthcare industry with the support of our investors.”
“We have been tracking Genhouse’s team for a long period of time and witnessed its growth and achievement,” said Haoyu Zhang, Project Manager of Shenzhen Capital Group, “Genhouse designed its pipeline with a global vision. It focuses on overcoming ‘undruggable’ targets and original innovation with its steady work. The management team is very experienced in new drug development and project execution. We saw extraordinary innovative value from Dr. Wang and his team. Shenzhen Capital Group is more than willing to further realize Genhouse’s potential and maximize its innovative value with Genhouse’s team.”
Genhouse Bio (Suzhou) Ltd. (“Genhouse” or “We”) respects the privacy of visitors (“Users”) to our website www.genhousebio.com (“Site”), so we have developed this website privacy statement (“Privacy Statement”). This Privacy Statement indicates what information we collect about you and how that information is used. We may update the content of the Privacy Statement and suggest reading it regularly when you visit our Site.
Personal Information Collected by Genhouse
When you visit the Site, usually we will not collect any personal information from you. We might track your DNS and analyze the data to obtain understanding on visit trends. However, your identity will always remain anonymous, unless you specifically and knowingly provide it to us. When you provide such information, we will collect your personal information, such as when you contact us through the phone number or email address posted on the Site. But no matter when and how we collect your personal information, we will always provide link to this Privacy Statement. By willingly providing your personal information to us, you make the consent that we could use the information collected according to this Privacy Statement and admit that the information will be transferred from your locale to our office or server.
Information Disclosures and Sharing
Except as provided below, we will not share or sell your Personal Information with third parties unless otherwise stated by this Privacy Statement.
We might share your information according to this Privacy Statement, with Related Party who have consented to follow this Privacy Statement. Your personal information might also be transferred to other Related Party who represents us for purpose stated when we collect those information or other purposes permitted by law, such as Site evaluation, data management or technical support.
We might sell or buy business or assets during our operation. If Genhouse is acquired, merged, reorganized or dissolved or other alike situations happened, personal information might be part of the assets transferred. We may share personal information to respond to duly authorized subpoenas or other lawful information requests of governmental authorities, including to meet national security or law enforcement requirements, to provide Internet security, or where required by law.
We might put a digital tag (more precisely “cookies”) on your hard disk driver for the server to recognize your computer and track usage information. Cookies will not reveal your personal information and you could always stay anonymous to us. The information we collected from Cookies will only be used for internal purpose and improve the service we provided to you through the Site. Users of our Site always have the option of disabling cookies via their browser preferences. If under any circumstances we collected your personal information, we will always inform you with your planned usage, contact and any Third Party that might get this information. All your personal information will maintain secrecy.
Links to Other Websites
If you apply to a job through our Site, you might be directed to other websites operated by Third Party. This Privacy Statement does not extend to any of these websites. Genhouse will not be responsible for any personal information collected by these websites operated by Third Party. Therefore, for any cases that a Third Party collect or use your personal information, Genhouse will not be legally responsible. We advise you to contact those websites directly and get their policies on personal information collection, safety, sharing and disclosure.
If you have any questions about our Privacy Statement, please do not hesitate to contact us at [email@example.com].
Effective and Last Updated: April 15th 2021