Beijing’s Cipher Gene Secures RMB 100 Million in Series C Financing to Expand Precision Medicine Services

Fineline Cube
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Cipher Gene, a Beijing-based gene big data and precision medicine service provider, has reportedly secured RMB 100 million in a Series C financing round. The funding round was led by Chengdu Jinjiang, with participation from Zhongxi Fund and several existing investors. The capital raised will be utilized to enhance the co-construction of hospital LDT laboratories, expedite the implementation of comprehensive genetic/rare disease solutions in leading medical institutions, and intensify the research and registration of three-level birth defect prevention and control products. These efforts aim to deepen Cipher Gene’s strategic focus on the integration of precise genetic and rare disease prevention and treatment.

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Established in 2015, Cipher Gene operates a third-party medical laboratory certified by CAP and holds clinical molecular genetics qualifications from the American Board of Medical Genetics and Genomics. The company also possesses a functional verification and high-throughput drug screening platform. Its portfolio encompasses genetic disease assisted diagnosis and birth defect three-level prevention and control screening products based on high-throughput sequencing, as well as services in translational medicine and drug development.- Flcube.com

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