Six Chinese Biotechs Bag $403m In Fresh Financing Rounds

In immuno-oncology and beyond, Chinese investors are setting their sights on new targets in the biopharma arena.

fund raising
Chinese biotechs raise new funds for immuno-oncology therapies, neurodegenerative drugs, and vaccines. • Source: Alamy

While the recent eye-popping $700m series C fundraising by Chinese mRNA vaccine firm ABOGEN INC has dominated the industry’s attention in recent weeks, six more bioventures from China have meanwhile secured a combined $403m in private equity funding in the first few weeks of August.

The strong financing environment continues the positive investment in-flows seen in the healthcare/biopharma sector in China across this year and...

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