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Maxvax Completes $74 Million Series B for China Vaccine Development

publication date: Jul 28, 2022

Chengdu’s Maxvax raised $74 million in a Series B round to support clinical trials of several pipeline vaccine candidates, including herpes zoster and rotavirus for neonates and children under 5 years. The company is currently developing more than ten new vaccines, with two candidates in clinical trials. It expects IND approvals for several more in the next year and will start R&D for animal vaccines as well. The B round was led by China Life Private Equity Investment, with Sherpa Investment, Hillhouse Venture Capital, Fangshizhen Capital and Xinshang Capital participating. More details....

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