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Akeso Closes $150 Million Series D for Antibody Development

publication date: Nov 4, 2019

Akeso Biopharma, a Zhongshan antibody company, closed a $150 million Series D round of financing led by Loyal Valley Capital, a private equity firm, and Sino Biopharm. AkesoBio is developing a portfolio of 18 mAbs that are in either CMC or clinical stages of development for indications in oncology, inflammation, autoimmune and cardiovascular diseases. The company has filed seven IND applications in China, and it has begun clinical trials on two of them. One year ago, Akeso completed a Series C led by Ally Bridge, though the company did not disclose the size of the earlier round. More details....

Stock Symbols: (HK:1177)

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