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RuiYi Forms Collaboration with ShanghaiTech; Raises $4 Million

publication date: Jun 11, 2014

RuiYi, a San Diego-Shanghai innovative drug discovery company, has formed a research collaboration with iHuman Institute at ShanghaiTech University. The collaboration will use RuiYi's iCAPS technology to create novel monoclonal antibodies. Ray Stevens, PhD, a structural biologist at San Diego’s Scripps Institute, is the Founding Director of the iHuman Institute and the Scientific Founder of RuiYi. In addition, RuiYi announced that it closed a $4 million debt financing from Silicon Valley Bank. More details....

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