SDIC leads $97m Series A for China's Pyrotech Therapeutics
China-based Pyrotech Therapeutics, which develops treatments for inflammation and tumours, has raised a Series A of CNY 700m (USD 97m) led by state-owned investor SDIC Venture Capital.
Other participants include China State-Owned Venture Capital Fund, Taiping Healthcare Fund, China Life Science & Innovation Fund, and Tsinghua University-backed Lotus Lake Capital, according to a statement....
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