ADIA, GIC lead $300m round for China's Taibang Biologic
Taibang Biologic Group, a specialist in blood plasma-based pharmaceuticals formerly known as China Biologic Products, has raised a USD 300m round led by Abu Dhabi Investment Authority (ADIA) and GIC.
It is the company's first funding since being delisted in the US at a USD 4.6bn valuation last year by a Centurium Capital-led consortium. Additional commitments came from the private equity arm of China...
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