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Reistone Completes $100 Million A Round for Inflammatory Disease Drugs

publication date: Jun 24, 2022

In May, Reistone Biopharma of Shanghai completed a Series A financing of nearly $100 million. Reistone was formed in 2018 and incubated by Jiangsu Hengrui Pharma (SHA: 600275) with the goal of bringing Hengrui’s China-developed inflammatory disease drugs to global markets. Reistone’s lead product is a JKA1 inhibitor in Phase III trial for atopic dermatitis and other immune disorders. Also in May, Hengrui launched another in-house global company, Luzsana Biotechnology, to bring its novel and affordable medications to global markets. Reistone’s A round was led by Huagai Capital and Capital Fund. More details....

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