MabSpace Biosciences of Suzhou Closes $40 Million B Round

MabSpace Biosciences of Suzhou Closes $40 Million B Round,中国迈博斯生物宣布完成4000万美元B轮融资
Published on: May 10, 2018
Author: Amy Liu

Suzhou’s MabSpace Biosciences completed a $40 million B round to support its antibody programs. Based on its proprietary discovery platform, MabSpace has formed discovery partnerships with other biopharmas while it has developed its own innovative portfolio of drug candidates. One month ago, the company began a US Phase I trial of its lead molecule, a PD-L1 antibody for cancer. It expects to begin a similar China trial soon. The B Round was led by Sequoia Capital China and joined by Lilly Asia Ventures and King Star.

Source: China Biotoday

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