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CASI Pharma Closes $10.3 Million Financing

publication date: Jan 19, 2016
CASI Pharma, a US-China biopharma, closed $10.3 million of a $25 million financing that was announced in September. The company will use the cash to speed up clinical trials of its lead cancer drug and in-license China rights to additional drug products. Previously, CASI disclosed the funding was led by a China investment fund manager affiliated with the same management team as the company's largest shareholder, IDG-Accel China Growth Fund III, L.P. More details....

Stock Symbol: (NSDQ: CASI)

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