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Sciwind Biosciences

9F, Building 2, No.400 Fucheng Road, Qiantang District, Hangzhou, Zhejiang, China

Overview

Sciwind Biosciences is a clinical-stage biopharmaceutical company led by Dr. Hai Pan that focuses on discovering and developing therapies to treat metabolic diseases. Its product pipeline centers on potentially first-in-class and best-in-class GLP-1 receptor agonism candidates. The company has developed multiple proprietary technologies, including oral peptide and inhaled protein therapeutics delivery platforms, and has identified multiple drug candidates based on those platforms. Lead programs include XW003 (a long-acting GLP-1 peptide analog optimized for improved biological activity, cost-effective manufacturing, and once-weekly administration), XW004 (an oral formulation of XW003 suitable for once-daily oral administration) and XW014 (a small-molecule GLP-1R agonist intended for once-daily oral dosing). Sciwind raised $70M in a Series C to advance clinical development across these programs. Near-term clinical milestones include Phase 2 topline data for XW003 in the second half of 2022, Phase 1 entry for XW004 in Q4 2021 with topline expected H2 2022, and anticipated Phase 1 entry for XW014 in the first half of 2022. Sciwind Biosciences is a clinical-stage biopharmaceutical company focused on researching and developing innovative biologics targeting chronic metabolic and immunological diseases. Led by founder and CEO Hai Pan, Ph.D., the company has advanced multiple projects into clinical trials. A phase 1 clinical study of XW003 was completed at an overseas clinical site. Phase 2 trials for XW003 — targeting type II diabetes, obesity and non-alcoholic steatohepatitis (NASH) — were expected to be initiated in China in 2021. Sciwind also planned to file two additional IND applications in 2021, including an oral formulation of a highly active GLP-1 analogue. The company intends to use new funding to drive current clinical projects, advance other pipeline candidates into clinical development, and expand its talent team.

Total raised
$107M
Funding rounds
2
Latest round
Series C
Latest activity
Oct 2021

Industries

  • Biotechnology
  • Health Care
  • Pharmaceutical
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Recent funding

  1. Series C

    Oct 2021

    $70M

  2. Series B

    Feb 2021

    $37M

Team

  • Pan Hai

    CEO and Chairman

  • Martijn Fenaux

    Senior Vice President

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  • Xinle Wu

    Chief Scientific Officer

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  • Weidong Zhong

    Chief Strategy Officer & President

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