Gracell Biotechnologies (Shanghai) Co., Ltd., part of Gracell Biotechnologies, Inc., is a company headquartered in Shanghai, China, that operates a clinical-stage biopharmaceutical company which discovers and develops cellular therapeutics for the patients suffering with cancer. It was founded in 2017 by Wei Cao, who has been the CEO since the inception date.\nThe company says this about itself: Gracell Biotechnologies Co., Ltd. (\"Gracell\") is a clinical-stage biotechnology company, committed to developing highly efficacious and affordable cell and gene therapies for the treatment of cancer. Gracell is dedicated to resolving the remaining challenges in CAR-T, such as high production costs, lengthy manufacturing process, lack of off-the-shelf products, and inefficacy against solid tumors. Led by a group of world-class scientists, Gracell is advancing FasTCAR (overnight production and younger cell phenotype), TruUCAR (off-the-shelf), DualCAR and EnhancedCAR T cell therapies for leukemia, lymphoma, myeloma, and solid tumors.