IPO
Juncell Therapeutics Files for Hong Kong IPO to Advance First-in-Class TIL Therapy for Solid Tumors Shanghai Juncell Therapeutics Co., Ltd., a biotech company founded in 2019, has filed for an IPO on the Hong Kong Stock Exchange. The company is advancing GC101, the world’s first tumor-infiltrating lymphocyte (TIL) therapy that eliminates the need for high-intensity lymphodepletion or IL-2 administration. In May 2026, GC101 met its primary endpoint in a registrational Phase II trial for advanced melanoma, reducing the risk of progression or death by 57% versus control, earning a Late-Breaking Abstract designation at ASCO 2026—the first solid tumor cell therapy in ASCO history to do so. Juncell plans to submit a BLA to China’s NMPA in Q3 2026, targeting a 2027 market launch as China’s first approved TIL therapy. The company also maintains a diversified pipeline of natural and gene-modified TIL candidates (GC203, GC301, GC304, iGC101) across multiple solid tumors, supported by proprietary DeepTIL™, NovaGMP™, and RiverTIL™ platforms.