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Beijing Hygea Medical Closes $28 Million Funding for Cryogenic Cancer Treatment

publication date: Dec 6, 2019

Beijing Hygea Medical Technology closed a $28 million Series B funding to develop its minimally invasive cryogenic treatment for cancer. The round was led by Jianxing Medical Fund under the management of CCB International, with participation from Kunying Capital and Shuncheng Capital. Hygea holds 14 patents for its proprietary HYG KB Cryosurgical System and HYG KBD Sterile Cryosurgical Probes. It is also developing cancer diagnostics. An affiliate of the China Academy of Sciences, Division of Physics and Chemistry, Hygea has been supported by China's 863 program and other China national and Beijing funds. More details....

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