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Kun Run Biotech Raises $8 Million from OrbiMed

publication date: Apr 23, 2010
Kun Run Biotechnology, a biopharma focused on peptide and small molecule drugs, has raised $8 million in a private placement with Caduceus Asia Partners, LP, a fund managed by OrbiMed Advisors, and Mr. Xueyun Cui, who is both Chairman and majority stockholder of Kun Run. In a statement, Mr. Cui said that OrbiMed’s participation would give Kun Run a leg up in its plan to sell products globally. More details...

Stock Symbol: (OTCBB: KURU)

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