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Zhiyi Bio Raises $45 Million for Live Biotherapeutic Products Aimed at IBS and Cancer

publication date: Jul 7, 2022

Guangzhou Zhiyi Biotech raised $15 million in its B++ funding round to support its pipeline of live biotherapeutic products (LBPs), bringing the total of B, B+ and B++ rounds to $45 million. The company’s lead candidate is SK08, the first LBP developed from Bacteroides Fragilis, a unique bacterial strain. Zhiyi expects to complete a Phase II clinical trial of SK08, a live bacteria powder, in IBS-D later this year, and it has started a Phase Ib/II trial of SK08 combined with an anti-PD-1 inhibitor for advanced solid tumors. More details....

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