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Tong-Young Lee, PhD
Who We Are

Tong-Young Lee, PhD

CEO

Trained at Harvard under the father of angiogenesis research. Built biotech companies across three continents. Now leading StemCyte's transformation into a regenerative medicine company.

Harvard Medical School 4 Biotech Startups $530M Deal
Background

From Harvard's angiogenesis lab to the future of cell therapy

Dr. Tong-Young Lee earned his PhD in pathology from National Taiwan University, Taiwan's most prestigious academic institution. He applied to over 100 post-doctoral programs in the United States and was selected to join the legendary laboratory of Dr. Judah Folkman at Harvard Medical School—widely recognized as the father of angiogenesis research.

During his six years at Harvard (2004–2010), Dr. Lee contributed to the research and development of cancer treatments that would become the first three FDA-approved angiogenesis inhibitors: bevacizumab (Avastin), ranibizumab (Lucentis), and aflibercept (Eylea). Combined, these drugs generate over $15 billion in annual sales worldwide. He is also credited as the inventor of Fc-endostatin, a next-generation long-acting angiogenesis inhibitor.

In 2010, Dr. Lee returned to Taiwan and joined the Chintek Group, where he contributed to the development of several antibody-based drugs, including the monoclonal antibody FB825, which was subsequently licensed to LEO Pharma of Denmark in a deal valued at up to $530 million. Over the next decade, he founded and led multiple biotech startups across immunotherapy, antibody discovery, and cellular therapy, guiding companies through spin-offs, IPOs, and international partnerships.

Appointed CEO of StemCyte in 2021, Dr. Lee is now steering the company's evolution from a world-class cord blood bank into a regenerative medicine company with an active investigational pipeline in Long COVID, stroke, and cerebral palsy.

"The vision is for StemCyte to be a leading biotech company in the Asia-Pacific region and eventually globally. We are not just a bank. We are a regenerative medicine company."
Tong-Young Lee, PhD — CEO, StemCyte
Defining achievements
$15B+

Avastin, Lucentis & Eylea

Combined annual sales of drugs he contributed to at Harvard

$530M

FB825 Licensing Deal

Licensed to LEO Pharma—one of Taiwan's largest biotech deals in history

4

Biotech Startups

IPOs, listings, and acquisitions across 15 years

Career

Professional journey

Education
National Taiwan University & Harvard Medical School
Earned a PhD in pathology from National Taiwan University—Taiwan's most prestigious university—then applied to 100 post-doctoral programs in the United States, ultimately joining Harvard Medical School.
2004–2010
Research Fellow, Harvard Medical School
Worked in the legendary cancer angiogenesis research laboratory of Dr. Judah Folkman—known as the father of angiogenesis research—at Harvard Medical School and Children's Hospital Boston. Contributed to the research behind the first three FDA-approved angiogenesis inhibitors: Avastin, Lucentis, and Eylea, which collectively generate over $15 billion in annual sales.
Harvard
Inventor of Fc-endostatin
Credited as the inventor of Fc-endostatin, a next-generation long-acting angiogenesis inhibitor designed to improve on the efficacy profile of first-generation angiogenesis-targeted therapies.
2010
Returns to Taiwan — Chintek / MicroBio Group
Returned to Taiwan to become Deputy Director at MicroBio, the largest biotech company in Taiwan and StemCyte's biggest shareholder. Joined the Chintek Group, where he contributed to the development of several antibody-based drugs.
Fountain Biopharma
Director — Antibody Drug Discovery
Served as Director at Fountain Biopharma, where he generated the largest fully-human antibody library in the Asia-Pacific region and developed the first anti-IL6 monoclonal antibody in that market, securing NT$40 million in government funding.
FB825
Contributed to historic $530M licensing deal
Participated in the development of the monoclonal antibody drug FB825 at Chintek Group. FB825 was licensed to LEO Pharma (Denmark) in a worldwide exclusive deal valued at up to $530 million—one of the largest out-licensing deals in Taiwanese biotech history.
2016–2021
Founder & CEO, Celtec Inc.
Founded Celtec Inc., a cellular immunotherapy startup developing next-generation universal linker platform technologies for cancer treatment. Also served as VP at Synovel Biosciences and VP at Diamond Biofund. Across 15 years, led product development and corporate governance across four biotech startups through spin-offs, IPOs, and M&A.
2021
CEO, StemCyte Inc.
Appointed CEO of StemCyte, leveraging deep expertise in drug development, biotech operations, and the Asia-Pacific healthcare market. Began transforming StemCyte from a premier cord blood bank into a regenerative cell therapy company.
Today
Leading StemCyte's next chapter
Advancing StemCyte's investigational clinical pipeline, including REGENECYTE® studies in Long COVID, acute stroke, and cerebral palsy. Secured FDA Expanded Access clearance for REGENECYTE® in Long COVID. Vision: to make StemCyte a leading biotech company in the Asia-Pacific region and globally.
Education

Academic credentials

PhD
Pathology, National Taiwan University
Post-Doc
Harvard Medical School, Folkman Lab