A little-known Chinese biotech startup has zipped ahead of US companies in one of the gene editing field’s most competitive races.
YolTech Therapeutics
announced
Monday that it started a clinical trial of an experimental CRISPR therapy for transfusion-dependent beta thalassemia, a genetic blood disease. But rather than removing a patient’s cells and editing them in the lab, as companies in the US have already done, the Shanghai-based biotech plans to edit the cells directly in the bone marrow with a simple transfusion.
The trial is the first public disclosure globally of so-called
in vivo
editing therapy for a blood disease. It’s a potentially cheaper, easier and safer alternative to Casgevy, the sole commercial gene editing treatment made by CRISPR Therapeutics and Vertex in Boston.
Several US drugmakers, including well-funded startups and public companies, are working on
in vivo
therapies for sickle cell disease. Many believe that an
in vivo
therapy is the only way to make treatments broadly available for beta thalassemia and sickle cell disease — which can be treated with the same approach. But designing lipid nanoparticles that can reach stem cells of the bone marrow is challenging, and YolTech’s announcement that it found a solution ready for clinical testing came as a surprise.
YolTech’s beta thalassemia drug is its fourth gene editing therapy to enter clinical studies in a little over a year. Until now, its programs have mimicked ones pioneered by American companies, and the 80-person biotech hasn’t attracted much attention since it was founded in 2021.
But that’s starting to change. YolTech, which raised a $32 million Series A in December 2023, has moved at lightning speed with a fraction of the funding of other gene editing companies. CEO and co-founder Yuxuan Wu told
Endpoints News
on Tuesday that he is “looking for some potential collaborators in the United States and Europe” and took meetings with several pharma companies at the JP Morgan Healthcare Conference in San Francisco this month.
If the startup is successful, it will build upon the recent trend of biotech investors and pharma companies
turning to China as a source of new drugs
. So far, the biggest investments have centered around cancer and obesity drugs. But YolTech wants to prove that Chinese companies can compete in cutting-edge fields like gene editing, too.
“We don’t want to just stop at being considered a Chinese company. Hopefully, we will be a global company as well,” Zi Jun Emma Wang, YolTech’s chief technology officer and co-founder, told Endpoints. “It doesn’t matter where the science originates from. Good science should be good science.”
Wu cut his teeth on CRISPR a decade ago as a postdoc in Dan Bauer’s lab at Harvard and Boston Children’s Hospital, where he researched editing for blood diseases. Bauer himself was a colleague and former trainee of Boston Children’s hematologist Stuart Orkin,
whose work using gene editing to boost fetal hemoglobin
would become the trick employed in Casgevy.
Wu continued his work on CRISPR when he opened his own lab at East China Normal University in Shanghai in 2018. He also co-founded BRL Medicine, a Shanghai startup making its own CRISPR-edited cell therapies for beta thalassemia and sickle cell.
It was a tough time to be a gene editor in the country. The same year, Chinese scientist He Jiankui had announced the birth of babies whose genes were edited as embryos. The swift global condemnation put a damper on gene editing research in China and stalled BRL’s work, because hospitals didn’t want anything to do with CRISPR.
Over the next few years, Wu increasingly began to view cell-based therapies as too complex and expensive for China, an idea that’s only solidified since Casgevy’s approval in the US in 2023. The treatment is an onerous process: Doctors first harvest a patient’s bone marrow cells and ship them to a lab where they are altered with CRISPR. Before the edited cells are reinfused, the patient receives chemotherapy to clear out the old diseased cells. Casgevy costs $2.2 million per patient in the US, and that doesn’t include a lengthy hospital stay. Roughly a year after its launch, CRISPR Therapeutics said that 50 patients have had their cells collected.
In 2021, Wu co-founded YolTech to develop
in vivo
therapies as an alternative. That summer, Intellia Therapeutics
reported
the first glimpse of promising data from therapies that used lipid nanoparticles to deliver CRISPR into the liver to treat transthyretin amyloidosis. YolTech soon began working on its own therapy for that disease, as well as two other liver-targeted programs. All three are now in early-stage clinical studies.
Wang and Wu said that the
in vivo
program for beta thalassemia (which is more common in China than sickle cell disease) has always been a focus for YolTech, but the company kept quiet about its progress until November, when scientists from YolTech and East China Normal University published a preprint on
bioRxiv
describing how an
in vivo
therapy could boost fetal hemoglobin in mice.
Wang said that the nanoparticles described in the preprint are “from a couple years ago,” noting that essentially every aspect of the therapy has been optimized since then. The experimental drug, dubbed YOLT-204, uses lipid nanoparticles designed to target hematopoietic stem cells of the bone marrow to shuttle mRNA molecules encoding the company’s own base editors.
Those CRISPR tools will make a single letter change to a gene that controls production of fetal hemoglobin, boosting levels of that oxygen-ferrying protein. Crucially, the new nanoparticles are decorated with a molecule that homes in on bone marrow cells, although the company isn’t disclosing details of the key ingredient yet.
“We screened thousands of formulations,” Wang said. “I would not claim that we solved the problem, but we have a good candidate to test in the clinic.”