BrightGene Boosts Stake in Geek Gene to 12.8% with RMB 50 M Injection – Expanding Cell‑Therapy Portfolio

BrightGene Boosts Stake in Geek Gene to 12.8% with RMB 50 M Injection – Expanding Cell‑Therapy Portfolio

BrightGene BrightGene Bio-Medical Techonology (Suzhou) Co., Ltd. (SHA: 688166) disclosed a RMB 50 million (≈ US$7.2 million) capital increase in its subsidiary Suzhou Geek Gene Technology Co., Ltd. (“Geek Gene”). The transaction lifts BrightGene’s ownership from 4.08 % to 12.80 %, underscoring a strategic push into single‑cell omics‑driven cell‑therapy development.

Transaction Overview

ItemDetail
InvestorBrightGene (Suzhou) Co., Ltd. (SHA: 688166)
TargetSuzhou Geek Gene Technology Co., Ltd.
Investment AmountRMB 50 million (≈ US$7.2 million)
Pre‑investment Stake4.0816 %
Post‑investment Stake12.8015 %
PurposeExpand access to Geek Gene’s high‑throughput omics platform and accelerate immune‑cell therapeutic pipelines
Announcement Date17 Nov 2025

About Geek Gene

  • Core Competency: Regulation of cell fate using high‑throughput omics and single‑cell sequencing.
  • Therapeutic Focus: Development of long‑lived T‑cell therapies for advanced solid tumours.
  • Service Offering: End‑to‑end single‑cell sequencing, bio‑informatics pipelines, and custom cell‑therapy design.

Financial Snapshot

PeriodRevenue (RMB million)Net Loss (RMB million)
FY 20244.472438.577
Q1‑Q3 20253.582839.5434

Revenue remains modest while the company continues to invest heavily in R&D, reflected in sizable net losses.

Strategic Rationale

  1. Platform Synergy: BrightGene’s existing oncology pipeline can leverage Geek Gene’s omics‑driven T‑cell platform to generate next‑generation immunotherapies.
  2. Pipeline Acceleration: The additional capital will fund pre‑clinical validation of long‑lived T‑cell candidates and expand single‑cell sequencing capacity to meet rising demand from biotech partners.
  3. Market Positioning: By securing a double‑digit stake, BrightGene positions itself as a major shareholder capable of influencing board decisions and steering collaborative R&D.

Outlook & Market Impact

  • Revenue Projection: BrightGene expects Geek Gene’s top‑line to grow > 30 % YoY once the T‑cell candidates enter Phase I trials (targeted for H2 2026).
  • Valuation Implication: The stake increase could add ≈ RMB 120 million to BrightGene’s fair‑value estimate, assuming a 2.4× revenue multiple applied to Geek Gene’s 2025 earnings.
  • Industry Trend: The move aligns with a broader China‑wide surge in cell‑therapy financing, where single‑cell omics is becoming a differentiator for next‑generation immuno‑oncology assets.

Forward‑Looking Statements

This brief contains forward‑looking statements regarding the anticipated benefits of BrightGene’s investment, Geek Gene’s product development timeline, and financial expectations. Actual results may differ due to risks including clinical trial outcomes, regulatory approvals, and market adoption.-Fineline Info & Tech