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Lepu Biotech Closes $186 Million B Round for Cancer Immunotherapies

publication date: Aug 6, 2020

Lepu Biotech of Shanghai closed a $186 million Series B round to support its portfolio of affordable cancer immunotherapies. Lepu Bio, a subsidiary of China medical device company Lepu Medical, was founded in 2018. It has built a pipeline of 12 candidates including seven that have started clinical trials. Lepu's clinical-stage products include PD-1, PD-L1, oncolytic virus and multiple antibody drug conjugate candidates. The B Round was led by the investment arms of Ping An Insurance and Sunshine Insurance. More details....

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