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Zhejiang DTRM Completes $60 Million A Round for US-China Clinical Trials

publication date: Jan 5, 2018

Zhejiang DTRM Biopharma announced a $60 million Series A round that will support clinical trials of its lead cancer candidate, a Bruton's tyrosine kinase (BTK) inhibitor. The candidate is currently in US and China Phase I trials for B cell lymphoma and chronic lymphocytic leukemia. DTRM was established in 2011 by He Wei, PhD, a returnee, and Zhejiang Hisun Pharma. The company is testing its BTK-inhibitor as a monotherapy and in combination with other drugs. More details....

Stock Symbol: (SHA: 600267)

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