
IDG leads $59m Series A for China’s Taichu Biotech

Shanghai Taichu Biotechnology, a China-based outsourced drug developer focused on novel treatments, has raised a serious A of CNY 400m (USD59m) led by IDG Capital.
Other investors include the Shanghai government-backed Shanghai Sci-Tech Innovation Center Capital, Juntong Capital, Shanghai HealthCare Capital, Boquan Capital, Suzhou Zhongxin Capital, Apricot Capital,...
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