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Chengdu's Hinova Pharma Raises $147 Million for Novel Prostate, Gout Drugs

publication date: Oct 8, 2020

Hinova Pharmaceuticals, a Chengdu innovative drug company, closed a $147 million Series C round. The company said it would use the proceeds to conduct multi-center clinical trials and commercialize its drug candidates in China and internationally. Founded in 2013, Hinova has built a portfolio of nine drug candidates including HC-1119, a novel androgen receptor antagonist in Phase III trials for metastatic castration-resistant prostate cancer (mCRPC). Its other lead drug targets gout. More details....

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