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Tuoji Pharmaceutical (Suzhou)

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Bispecific and dual-payload antibody-drug conjugates for oncology

Huangpu, ChinaFounded 2022Biotech & Life Sciences
Valuation $50–100M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Tuoji Pharmaceutical (Suzhou) and the history behind them.

About Tuoji Pharmaceutical (Suzhou)

Phrontline Biopharma, also known as Tuoji Pharmaceutical (Suzhou), is a clinical-stage biotechnology company established in 2022 by a team of industry veterans including Tony (Zhaoyuan) Chen, Siyi Hu, and Yanli Mao. The company specializes in the research and development of next-generation antibody-drug conjugates (ADCs) to treat cancer. Phrontline Biopharma is headquartered in Shanghai and Suzhou, China.

The company's business model centers on its proprietary, end-to-end ADC technology platform which covers antibody discovery, linker-payload engineering, site-specific conjugation, and functional testing. This platform allows for the creation of innovative bispecific antibodies and dual-payload ADCs. These are designed to enhance the precision of payload delivery, overcome drug resistance in tumors, and improve treatment durability compared to single-target approaches. The company's lead asset, TJ101, is a bispecific ADC that targets both EGFR and B7-H3, and is undergoing first-in-human clinical trials in both the United States and China for cancers like non-small cell lung cancer (NSCLC) and head and neck squamous cell carcinoma (HNSCC). The pipeline includes nearly ten ADC programs, such as TJ102, which are in preclinical development for various solid tumors.

Phrontline Biopharma generates revenue through strategic collaborations and licensing agreements. A significant partnership with Samsung Bioepis was established in October 2025 to co-develop two next-generation ADC candidates. Another exclusive licensing agreement was made with Sino Biopharmaceutical for the development and commercialization of TJ101 in Mainland China and Hong Kong, which included an upfront payment plus potential future milestones and royalties. The company has successfully raised significant capital to fund its operations. After an Angel Round in March 2022 and a Pre-A round in December 2023, Phrontline closed a $60 million Pre-A+ financing round in November 2025. This round was led by Lapam Investment and included participation from new and existing investors such as Samsung Venture Investment Corporation, Sino Biopharmaceutical Limited, and Decheng Capital. The funds are intended to advance clinical and preclinical programs, expand global operations, and scale manufacturing.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2022
Headquarters
Huangpu, China
Employees
10
Open positions
1
Dealroom signal
88.6/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Oncology, Drug Development, Antibodies, DT and LS, science-based
Business model
Manufacturing
Client focus
B2B

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Oct 2025 — — Guofang Innovation · Hankang Capital · Jifeng Ventures · Longpan Investment ↗
SEED✓Equity / VC Jun 2024 $14M $69M Decheng Capital ↗
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Growth signals

Tuoji Pharmaceutical (Suzhou) website traffic

Latest recorded traffic for Tuoji Pharmaceutical (Suzhou) is 740 monthly website visits, up 45.1% over the last three months. Tuoji Pharmaceutical (Suzhou)'s team grew 400% over the past year.

Latest monthly visits740 3-month web change+45.1% 1-year team growth+400%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Tuoji Pharmaceutical (Suzhou) in the Huangpu ecosystem

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Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • Med-Fine Capital
  • Decheng Capital

Series A4 investors entered at this stage

  • Guofang Innovation
  • Hankang Capital
  • Jifeng Ventures
  • Longpan Investment
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇨🇳 China60%
🇺🇸 United States40%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Tuoji Pharmaceutical (Suzhou) on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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