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Redbud Closes $10 Million Round for China-US Clinical CRO Services

publication date: Sep 12, 2022

Redbud Medicine, a Beijing-Maryland clinical CRO, closed a $10 million Series A round to support its cross-border China-US operations. The company aims to supply clinical CRO services in both countries, allowing biopharma companies to have a single CRO operator that is fully capable of conducting trials for the two markets. Further, by using intelligent technologies, Redbud says it optimizes and accelerates every clinical trial step, lowering the cost and accelerating the process. The round included MING Bioventures Capital, Delian Capital and an Angel round investor Hongfeng Capital. More details....

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