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Lynk Pharma Closes C1 Round with $28 Million for Oncology and Autoimmune Drugs

publication date: May 31, 2023

Lynk Pharma of Hangzhou raised $28 million in a Series C1 financing to advance its portfolio of first-in-class and best-in-class small molecule candidates for oncology and autoimmune diseases. The company is developing highly selective second-gen and tissue-restricted third-gen JAK inhibitors while exploring novel targets for drug discovery. Lynk has four Phase II clinical trials underway in China and the US for four indications, some of which are nearly ready to begin Phase III trials. Its clinical stage assets address needs in psoriasis, ulcerative colitis, rheumatoid arthritis, myelofibrosis and IBD. More details....

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