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Duality Biologics - About the company

Duality Biologics is a public company based in Pudong (China), founded in 2020. It operates as a Developer of ADC therapeutics to treat cancer and autoimmune diseases. Duality Biologics has raised $120M in funding from investors like WuXi Biologics, 6 Dimensions Capital and LAV Asset Management. The company has 3607 active competitors, including 1204 funded and 815 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, BeiGene and Kite Pharma.

Company Details

Developer of ADC therapeutics to treat cancer and autoimmune diseases. It offers DITAC (Duality Immune Toxin Antibody Conjugate) for solid tumors and DIMAC (Duality Immune Modulating Antibody Conjugate) for auto-immune disorders.
Email ID
*****@dualitybiologics.com
Key Metrics
Founded Year
2020
Location
Pudong, China
Stage
Public
Total Funding
$120M in 2 rounds
Latest Funding Round
Ranked
Employee Count
63 as on Aug 31, 2026
Similar Companies
Exit Details
Public

Duality Biologics's IPO details

Duality Biologics got listed on Apr 15, 2025.
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Duality Biologics's funding and investors

Duality Biologics has raised a total funding of $120M over 2 rounds. Its latest funding round was a Series B round on May 20, 2021 for $*****. 5 investors participated in its latest round. Duality Biologics has 7 institutional investors.

Here is the list of recent funding rounds of Duality Biologics:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 20, 2021
6897036
Series B
5812691
7204274
5157437
5299567
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Duality Biologics' founders and board of directors

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Duality Biologics' employee count trend

Duality Biologics has 63 employees as of Aug 26. Here is Duality Biologics's employee count trend over the years:
Employee count trend for Duality Biologics
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Duality Biologics's Competitors and alternates

Top competitors of Duality Biologics include Jazz Pharmaceuticals, BeiGene and Kite Pharma. Here is the list of Top 10 competitors of Duality Biologics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Jazz Pharmaceuticals
Jazz Pharmaceuticals
2003, Dublin (Ireland), Public
Developer of novel biopharmaceutical medicines for unmet medical needs
$265M
81/100
2nd
Logo for BeiGene
BeiGene
2010, Cambridge (United States), Public
Developer of targeted and immune-oncology drugs against cancer
$172M
81/100
3rd
Logo for Kite Pharma
Kite Pharma
2009, Los Angeles (United States), Acquired
Developer of cancer immunotherapy products using genetic engineering
$97.7M
76/100
4th
Logo for Syndax
Syndax
2005, Waltham (United States), Public
Developer of targeted therapies for the treatment of cancer
$198M
72/100
5th
Logo for Elicio
Elicio
2012, Cambridge (United States), Public
Developer of vaccines for treating cancer
$47.4M
72/100
6th
Logo for Immuneel
Immuneel
2018, Bengaluru (India), Series B
Developer of T-cell therapies for the treatment of cancer
$49.8M
72/100
7th
Logo for Moderna
Moderna
2010, Cambridge (United States), Public
Developer of mRNA-based therapeutics for a wide range of diseases
$2.78B
72/100
8th
Logo for BioNTech
BioNTech
2008, Mainz (Germany), Public
Developer of immunotherapeutics for the treatment of cancer and other diseases
$861M
71/100
9th
Logo for Attovia
Attovia
2023, Fremont (United States), Public
Developer of antibody-based therapeutics for immune-mediated diseases and oncology
$255M
71/100
10th
Logo for Tango Therapeutics
Tango Therapeutics
2017, Cambridge (United States), Public
Developer of drugs for the treatment of cancer
$165M
71/100
222nd
Logo for Duality Biologics
Duality Biologics
2020, Pudong (China), Public
Developer of ADC therapeutics to treat cancer and autoimmune diseases
$120M
59/100
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Duality Biologics's Investments and acquisitions

Duality Biologics has made no investments or acquisitions yet.

Reports related to Duality Biologics

Here is the latest report on Duality Biologics's sector:

News related to Duality Biologics

lockFilter this list
Media has covered Duality Biologics for a total of 4 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
•
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DualityBio's HER3 ADC DB-1310 Receives FDA Fast Track DesignationPR Newswire•Jul 22, 2025•Duality Biologics
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Duality Biotherapeutics’ $211.29 Million Hong Kong IPOGlobal Legal Chronicle•Apr 18, 2025•Kirkland & Ellis, Duality Biologics
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DualityBio, BioNTech-backed ADC maker, plans Hong Kong IPOEndPoints News•Apr 15, 2025•Duality Biologics
•
Duality Bio Appoints New Global Chief Medical OfficerPR Newswire•Apr 07, 2025•Duality Biologics
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