MabPlex, a biologics CDMO located in Yantai, raised $59 million in a Series A round from SDIC Venture Fund and Shenzhen Venture Capital, two state-owned investors. Founded in 2013, MabPlex offers biologics development and manufacturing services, including mAbs, recombinant proteins, ADCs and bispecifics. Its offerings range from gene sequencing to cell line development and commercial production. MabPlex’s CHO cell line platform is designed to move candidates in the shortest possible time from DNA to finished product. In 2018, MabPlex opened a US site in San Diego.
Source: China Biotoday
