Senhwa Biosciences
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Senhwa Biosciences - overview
Established
2012
Location
San Diego, CA, US
Primary Industry
Healthcare
About
Senhwa Biosciences, Inc. is dedicated to developing innovative DNA Damage Response therapeutics for cancer treatment, focusing on enhancing patient outcomes through pioneering small molecule drugs. Founded in 2012 and headquartered in San Diego, US, Senhwa Biosciences specializes in cancer therapeutics. The company underwent a pivotal change in its business strategy with the completion of a Series B funding round amounting to USD 17.
00 mn on December 12, 2013, led by investors including 5Y Capital and China Investment and Development Company. Taisen Soong serves as the CEO of the company, guiding its strategic direction. Senhwa Biosciences, Inc. focuses on developing next-generation DNA Damage Response (DDR) therapeutics specifically designed for cancer treatment.
The company's lead products, CX-5461 and CX-4945, are first-in-class small molecule drugs currently undergoing Phase I/II clinical trials in multiple countries, including Australia, Canada, the United States, Korea, and Taiwan. These compounds aim to address critical needs in oncology by targeting specific pathways in cancer cell survival and proliferation, ultimately enhancing patient outcomes. The primary users of these therapeutics include oncologists and healthcare institutions that treat cancer patients, providing them with innovative options to combat various forms of the disease. By collaborating with a diverse range of global investigators and service providers, Senhwa is well-positioned to expand its market presence and establish a firm foothold in the international oncology therapeutics landscape.
Senhwa Biosciences, Inc. generates revenue primarily through partnerships and collaborations within the pharmaceutical and biotechnology sectors. The company engages in transactions that facilitate the development and commercialization of its DDR therapeutics, which may include licensing agreements with larger pharmaceutical companies or joint ventures aimed at advancing clinical trials. Revenue generation is bolstered by successful clinical milestones and potential licensing fees accrued from future product commercialization.
While specific pricing plans for its products are not publicly disclosed, the revenue model typically involves structured partnerships that could lead to milestone payments tied to the progress of clinical trials and subsequent product launches. The focused approach on developing CX-5461 and CX-4945 positions the company strategically in the oncology market, appealing to both institutional partners and stakeholders interested in innovative cancer treatments. Senhwa Biosciences is focused on advancing its lead products, CX-5461 and CX-4945, through clinical trials and preparing for future launches. The company targets expansion into markets across Europe and Asia by 2025, leveraging recent funding of USD 17.
00 mn from its Series B financing to support clinical trials and market entry strategies. The funding will also facilitate collaborations with key industry partners to accelerate the development of its therapeutics.
Current Investors
H&Q Asia Pacific, China Investment and Development Company, 5Y Capital
Primary Industry
Healthcare
Sub Industries
Biopharmaceuticals, Oncology/Cancer Treatment, Pharmaceutical Research & Development
Website
www.senhwabiosciences.com
Verticals
HealthTech
Company Stage
Series B
Total Amount Raised
Subscriber access only
Senhwa Biosciences - employee data


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