Deal focus: Haihe's biotech out-licensing ambition
Warburg Pincus picked Haihe Pharmaceutical as its first bet on innovative drug development in China, having been convinced by the company's mature portfolio and international expansion plans
Private investors have plowed more than $5.5 billion into Chinese biotech since 2017, a near sevenfold increase on the combined total for the preceding four years. Yet Warburg Pincus held its fire, waiting...
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