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Suzhou Sinovent Raises $145 Million for Biologic Drug Portfolio

publication date: Aug 26, 2020

Sinovent, a Suzhou clinical stage biologics company, raised $145 million in a Series C round led by Loyal Valley Innovation Capital. The company has 12 biologic products in development, four in clinical trials and another four molecules preparing to file INDs in China. Sinovent's lead program is a Wnt pathway porcupine inhibitor aimed at cancers of the digestive system, including colon cancer, esophageal cancer and gastric cancer. Founded in 2016, Sinovent's 12 research pipelines address needs in therapeutic areas that include oncology, central nervous system, autoimmune and infectious diseases. More details....

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