Vivo Capital

Vivo Capital, LLC is a private equity and venture capital firm founded in 1996 and headquartered in Palo Alto, California, with additional offices in Asia. The firm specializes in healthcare investments across various stages, including early stage, growth capital, and public equity. With approximately $5.8 billion in assets under management, Vivo has invested in over 290 public and private companies globally. Its focus lies primarily in biopharmaceuticals, specialty pharmaceuticals, medical devices, and healthcare services, targeting companies in the U.S. and East Asia, particularly China. Vivo aims to invest between $2 million and $40 million, typically favoring minority equity stakes. The firm's multi-disciplinary team includes professionals with backgrounds in medicine, science, and entrepreneurship, allowing it to effectively navigate the complexities of the healthcare sector.

Gaurav Aggarwal

Managing Director

Chen Bian

Associate

Wei Bian

Analyst

Cyber Cao

Managing Director

Mike Chang

Managing Partner

Albert Chang

Executive Director

Kevin Dai

Managing Director

Nathan Dau

Managing Director

Hao Dong

Managing Director

Shan Fu

Managing Partner

Andrew Huang

Principal

Shen Jo

Venture Partner

Frank Kung

Managing Partner

Yixuan Li

Executive Director

David Liu

Managing Director

Sean Lo

Principal

Hongbo Lu

Managing Partner

Zhongyi Lu

Principal

John Massad

Managing Director

Mitchell Mutz

Entrepreneur Partner

Fabianne Nordenson

Principal

Daniel Qin

Associate

Sue Shao

Principal

Joseph Siletto

Managing Director

Timothy Stubbs

Principal

Priscilla Sugianto

Principal

Jason Wang

Principal

Scott Whitcup

Venture Partner

Daisy Xu

Managing Director

Gisele Zhang Ph.D

Principal

Chloe Zhang

Principal

Lingfei Zhao

Analyst - Investment and Portfolio Management

Xiaoyang li

Associate

Xiong Zhang Ph.D

Principal, Venture Capital

Frank Kung Ph.D

Co-Founder and Managing Partner

Past deals in Life Science

Ocelot Bio

Series A in 2022
Ocelot Bio brings new treatment options to patients with severe liver disease. The company was founded in 2020 and is headquartered in San Diego, California.

HistoWiz

Series A in 2021
HistoWiz, Inc. is a histology service company based in Brooklyn, New York, that specializes in automating the processing and digitization of tissue samples for cancer research in both academia and the pharmaceutical industry. Established in 2012, HistoWiz operates a fully automated histology lab and features an innovative online pathologist network. The company processes, embeds, cuts, and stains mouse tissue specimens, which are then stored in PathologyMap, a cloud-based database. This platform serves as a valuable resource for cancer researchers by facilitating the integration of technology and the development of artificial intelligence tools for digital pathology. By enhancing data management and enabling efficient information exchange among medical scientists and research pathologists, HistoWiz aims to accelerate pathology-based research and contribute to the search for cures.

Esco Lifesciences

Series A in 2021
Esco Lifesciences Group specializes in providing technology-based products and services aimed at the life sciences and healthcare sectors. The company supports various aspects of academic research, scientific discoveries, clinical practice, and biopharmaceutical research and development. Its offerings are designed to facilitate the invention, discovery, and commercialization processes in the industry, ultimately enabling customers to lead healthier and safer lives through advanced technological solutions.

Zafgen

Post in 2021
Larimar Therapeutics, Inc. is a clinical-stage biotechnology company focused on developing treatments for complex rare diseases. The company’s lead compound, CTI-1601, is currently being evaluated in a Phase 1 clinical program as a potential treatment for Friedreich’s ataxia, a rare and progressive genetic disease. Larimar also plans to use its intracellular delivery platform to design other fusion proteins to target additional rare diseases characterized by deficiencies in intracellular bioactive compounds.

Ossium Health

Series B in 2021
Ossium Health, Inc. is focused on developing and manufacturing cell therapy products aimed at treating leukemia, other blood cancers, and tissue damage, as well as addressing radiation poisoning. The company offers several key products, including HPC, Marrow, which consists of HLA-matched bone marrow stem cells for hematopoietic reconstitution in blood cancer patients; Chimera, designed to enhance organ transplantation; and Chymalis, a cell therapy product utilizing mesenchymal stem cells from bone marrow to aid in the healing of damaged bone and muscle tissue. Additionally, Ossium provides bone marrow cells for research purposes in oncology and immunology. Founded in 2016 and based in San Francisco, California, Ossium is also establishing the world's first bone marrow bank to improve treatment outcomes for blood cancers and facilitate tissue repair.
ASLAN Pharmaceuticals is a clinical-stage biopharmaceutical company based in Singapore, specializing in immunology and oncology. Founded in 2010, the company focuses on developing innovative treatments aimed at improving patient outcomes. Its clinical portfolio includes ASLAN004, a monoclonal antibody therapy for atopic dermatitis and other immunological conditions, as well as small molecule inhibitors targeting various cancer types. ASLAN collaborates with notable partners such as Almirall, Array BioPharma, Bristol-Myers Squibb, and CSL Limited to enhance its research and development efforts. The company is dedicated to creating novel medicines for both Asian and global markets.

Visen Pharmaceuticals

Series B in 2021
Visen Pharmaceuticals is a biotechnology company dedicated to the development and commercialization of innovative endocrine drugs. The company aims to address significant unmet medical needs for patients in Greater China, focusing specifically on endocrine treatment solutions. By leveraging its expertise in biotechnology, Visen Pharmaceuticals seeks to improve patient outcomes through the creation of effective therapies in the field of endocrinology.

Provivi

Series C in 2020
Provivi Inc. develops biopesticides for agriculture, commercial, household, and public health pest management. It develops research quantities of carbene/nitrene transferase enzymes that activate diazo and azide compounds to generate iron-carbenoids and iron-nitrenoids through a mode of activation. The company also develops a biocatalysis and fermentation technology, which is based on biocatalysts that enable efficient synthesis of biopesticides. Its technology has applications in industries, such as pharmaceuticals, nutrition, flavors, and fragrances. The company offers its products through distributors worldwide. Provivi Inc. was incorporated in 2012 and is based in Santa Monica, California.

Legend Biotech

Series A in 2020
Legend Biotech Corporation is a clinical-stage biopharmaceutical company focused on the discovery and development of innovative cell therapies for oncology and other medical conditions. Its primary product candidate, LCAR-B38M/JNJ-4528, is an autologous CAR-T cell therapy aimed at treating multiple myeloma by targeting the B-cell maturation antigen. The company is actively conducting clinical trials to assess this therapy as an earlier treatment option and to compare its effectiveness against standard triplet therapy in patients resistant to Revlimid. Additionally, Legend Biotech has a diverse portfolio of earlier-stage autologous product candidates that address various cancers, including non-Hodgkin lymphoma, acute myeloid leukemia, and T cell lymphoma. The company is also developing an allogeneic CAR-T product candidate targeting CD20, currently in a Phase 1 clinical trial in China. Besides its focus on blood cancers, Legend Biotech is exploring therapies for solid tumors and infectious diseases. Founded in 2014 and based in Somerset, New Jersey, Legend Biotech operates as a subsidiary of Genscript Biotech Corporation.

ALX Oncology

Series C in 2020
ALX Oncology Holdings Inc., a clinical-stage immuno-oncology company, focuses on developing therapies for patients fighting cancer. Its lead product candidate is ALX148, a CD47 blocking therapeutic used for the treatment of myelodysplastic syndromes and acute myeloid leukemia, as well as a range of solid tumor indications, including head and neck squamous cell and human epidermal growth factor receptor 2 positive gastric/gastroesophageal junction carcinoma. The company was founded in 2015 and is based in Burlingame, California.

Passage Bio

Series B in 2019
Passage Bio is a genetic medicines company based in Philadelphia, Pennsylvania, specializing in the development of therapies for rare monogenic central nervous system (CNS) diseases. Founded in 2017, the company aims to create a portfolio of five AAV-delivered therapeutics, targeting conditions such as GM1 Gangliosidosis, Frontotemporal dementia, and Krabbe Disease. Passage Bio collaborates closely with the University of Pennsylvania, leveraging its Gene Therapy Program for preclinical work while managing clinical development, regulatory affairs, manufacturing, and commercialization of its product candidates. The company also engages with the Orphan Disease Center for natural history studies, key opinion leader involvement, and patient advocacy.

Passage Bio

Series A in 2019
Passage Bio is a genetic medicines company based in Philadelphia, Pennsylvania, specializing in the development of therapies for rare monogenic central nervous system (CNS) diseases. Founded in 2017, the company aims to create a portfolio of five AAV-delivered therapeutics, targeting conditions such as GM1 Gangliosidosis, Frontotemporal dementia, and Krabbe Disease. Passage Bio collaborates closely with the University of Pennsylvania, leveraging its Gene Therapy Program for preclinical work while managing clinical development, regulatory affairs, manufacturing, and commercialization of its product candidates. The company also engages with the Orphan Disease Center for natural history studies, key opinion leader involvement, and patient advocacy.

Visen Pharmaceuticals

Series A in 2018
Visen Pharmaceuticals is a biotechnology company dedicated to the development and commercialization of innovative endocrine drugs. The company aims to address significant unmet medical needs for patients in Greater China, focusing specifically on endocrine treatment solutions. By leveraging its expertise in biotechnology, Visen Pharmaceuticals seeks to improve patient outcomes through the creation of effective therapies in the field of endocrinology.

TOT Biopharm

Series B in 2018
TOT Biopharm Company Limited is a clinical-stage biopharmaceutical firm based in Suzhou, China, focused on the development, manufacture, and marketing of innovative oncology drugs and therapies. Founded in 2010, the company specializes in therapeutic biological products, particularly anti-tumor drugs and specialty medicines. One of its notable products is S-1, an oral medication that combines tegafur, gimeracil, and oteracil potassium, designed to enhance the delivery and efficacy of 5-fluorouracil, a key chemotherapeutic agent. TOT Biopharm is committed to establishing a trusted brand in oncology treatments, with a diverse pipeline that includes monoclonal antibodies and antibody-drug conjugates aimed at improving patient outcomes in cancer care. The company's operations primarily generate revenue in Mainland China.

Sinovac

Post in 2018
Sinovac Biotech Ltd. is a biopharmaceutical company based in Beijing, China, specializing in the research, development, manufacture, and commercialization of vaccines for human infectious diseases. Its product portfolio includes vaccines for hepatitis A and B, seasonal influenza, H5N1 and H1N1 pandemic influenza, mumps, and enterovirus 71, among others. Key marketed products include Healive, a hepatitis A vaccine, Bilive, a combined hepatitis A and B vaccine, and Panflu.1, which was the first H1N1 vaccine approved globally. Sinovac also plays a significant role in government stockpiling programs for vaccines in China. The company is actively developing new vaccines, including those for pneumococcal disease and rubella, with various clinical trials underway. Sinovac collaborates with notable institutions such as GlaxoSmithKline and Tianjin CanSino Biotechnology to enhance its vaccine development efforts. Established in 1999, Sinovac primarily sells its products in China while also exporting selected vaccines to countries like Mongolia, Nepal, and the Philippines.

Precision BioSciences

Series B in 2018
Precision BioSciences, Inc. is a biotechnology company that specializes in genome editing, utilizing its proprietary ARCUS platform to develop therapeutic and food products. The Therapeutic segment focuses on creating allogeneic CAR T immunotherapies aimed at treating various cancers, including acute lymphoblastic leukemia and multiple myeloma, with several candidates currently in clinical trials. Notable product candidates include PBCAR0191, targeting CD19, and PBCAR269A, targeting BCMA. Additionally, the company is engaged in in vivo gene correction and has collaborations for developing treatments for chronic Hepatitis B. The Food segment aims to innovate in food and nutrition products. Founded in 2006 and headquartered in Durham, North Carolina, Precision BioSciences is committed to translating advanced genome editing technology into impactful medical and agricultural solutions.

ReadCoor

Series A in 2016
ReadCoor, Inc. develops and commercializes a panomic spatial sequencing platform for researchers, clinicians, pharmaceutical and diagnostics companies, and patients worldwide. It offers FISSEQ, a platform that enables integration of high throughput sequencing, morphometric analysis, cellular location, and three-dimensional spatial imaging. The company’s platform also enables researchers to perform RNA-Seq while preserving sample morphology and simultaneously providing cellular location and spatial image data. ReadCoor, Inc. was incorporated in 2016 and is based in Cambridge, Massachusetts. As of October 13, 2020, ReadCoor, Inc. operates as a subsidiary of 10x Genomics, Inc.

Sierra Oncology

Series D in 2014
Sierra Oncology, Inc. is a clinical-stage biopharmaceutical company focused on developing targeted therapies for patients with cancer, particularly in the fields of hematology and oncology. Its lead candidate, momelotinib, is a selective JAK1, JAK2, and ACVR1 inhibitor that has been evaluated in two Phase 3 trials for myelofibrosis. The company is also advancing SRA737, an orally bioavailable small molecule inhibitor of Checkpoint kinase 1, currently undergoing two Phase 1/2 clinical trials to explore its potential as a monotherapy and in combination with other therapies. Additionally, Sierra is developing SRA141, a small molecule inhibitor of cell division cycle 7 kinase, which is in preclinical research stages. Founded in 2003 and headquartered in Vancouver, Canada, Sierra Oncology retains global commercialization rights for its product candidates and aims to achieve successful registration and commercialization of its innovative therapies targeting the DNA Damage Response network.
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