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3SBio Has China Rights to Five Numab I-O Therapies following $15.2 Million Investment

publication date: Dec 13, 2019

3SBio of Shenyang invested $15.2 million in Zurich's Numab Therapeutics B round and will, in return, have rights to develop up to five novel Numab multi-specific immunotherapy candidates in Greater China for cancer. Numab says its proprietary MATCH™ technology platform develops molecules that can incorporate up to six binding specificities. 3SBio's biologics subsidiary, Sunshine Guojian, will be in charge of China development. Dr. Zhenping Zhu, MD, PhD, President of R&D, Chief Scientific Officer of 3SBio, has joined Numab’s board of directors. Further financial terms were not disclosed. More details....

Stock Symbol: (HK:1530)

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