Korean drug developer raises $21.8m Series B round
TiumBio, a South Korean drug developer working on treatments for cancer, diabetes and hemophilia, has secured KRW23.5 billion ($21.8 million) in Series B funding.
The company sold 428,833 shares at KRW54,800 apiece to unnamed third-party investors, according to filings dated April 23 and May 24. TiumBio told local media that Korea Investment Partners, KTB Network,...
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