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Ascentage Pharma Officially Announces its Hong Kong IPO

publication date: Aug 21, 2018

Ascentage Pharma of Suzhou has been approved to stage a Hong Kong IPO. The company, which has built a portfolio of seven clinical stage small-molecule candidates, bases its drug discovery on an expertise in protein-protein interactions. Its seven candidates are currently being tested in 20 Phase I and II trials in China, the US and Australia. One month ago, Ascentage raised $150 million in a Series C funding, bringing its total venture backing up to $240 million. More details....

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