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Hygieia Raises Funds for siRNA Portfolio

publication date: Sep 4, 2024

Hangzhou Hygieia Biotech completed an A2 financing to advance its 11 siRNA molecules, including a portfolio of three clinical stage candidates. The company said the round raised “tens of millions of yuan.” In a previous A1 round, completed in July, the company booked almost $14 million (100 million yuan), in a funding led by Tasly Pharma. With very little venture capital, Hegieia has already moved to partnership stage on two of its assets, one with Shanghai Fosun and the other with Tasly. The company is currently working on an A+ round for additional funds to support clinical trials. The A2 round was led by Huangpu Biotechnology Fund, with Nanwan Baiao Fund participating. More details....

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