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Zspeplib Announces $14 Million Round for Novel Peptide Drug Discovery

publication date: Jul 31, 2019

Hunan Zhongsheng Whole Peptide Biochemical, also known as Zspeplib, recently completed a $14 million Series A financing led by Tasly Group. The funds will be used to build a hexapeptide library, optimize the company's peptide-based new drug screening platform and develop new drugs. Zspeplib uses peptide information compression technology (PICT) to build a complete library of peptides with independent IP. Its technology reduces the cost of building a peptide library and can improve the efficiency of building a database by 6000 times, the company said. More details....

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