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Pharmaceuticals

Warburg Pincus leads Series B for China's Haihe Pharmaceutical

Warburg Pincus has led a RMB1.2 billion ($171 million) Series B round for Haihe Pharmaceutical, a Chinese cancer drug developer that currently has four treatments in stage-three clinical trials or beyond.

  • Greater China
  • 24 July 2020
China biotech player Antengene raises $97m Series C

Fidelity Investments has led a $97 million Series C round for Chinese hematology and oncology biotech developer Antengene.

  • Greater China
  • 20 July 2020
molecule-science-drug
PE-backed Junshi Biosciences shines on Star Market debut

PE-backed Junshi Biosciences has become the first Chinese biotech company to list in Hong Kong and the mainland, following a strong debut on Shanghai's Star Market.

  • Healthcare
  • 16 July 2020
Chinese biotech company Arctic Vision raises $32m

China-based ophthalmology therapy provider Arctic Vision has raised a $32 million Series A round led by Morningside Ventures.

  • Greater China
  • 15 July 2020
Quan leads $80m Series A for China biotech player

Healthcare-focused VC firm Quan Capital has led an $80 million Series A round for Citrine Medicine, a Chinese biotech developer set up by Eight Roads, F-Prime Capital, and Vivo Capital.

  • Greater China
  • 14 July 2020
imab-biotech-drug-healthcare
Portfolio: CBC Group and I-Mab Biopharma

CBC Group’s stewardship of I-Mab Biopharma brings an intensely hands-on platform-based approach to a booming China biotech space often characterized by relatively passive strategies

  • Greater China
  • 13 July 2020
China’s Harbour BioMed raises $103m Series C

Chinese biotech start-up Harbour BioMed has raised $102.8 million in Series C funding. It comes four months after it closed an extended Series B round of $75 million.

  • Greater China
  • 10 July 2020
China's Gan & Lee Pharmaceuticals gains after A-share debut

Chinese insulin manufacturer Gan & Lee Pharmaceuticals, which counts Qiming Venture Partners and Goldman Sachs among its investors, raised RMB2.5 billion ($354 million) through an A-share IPO.

  • Greater China
  • 03 July 2020
KKR to buy control of Indian pharma player

KKR has agreed to buy a 54% stake in Indian drug maker J.B. Chemicals & Pharmaceuticals for INR31.1 billion ($416 million) and made an open offer for an additional 26% of the company.

  • South Asia
  • 03 July 2020
China healthcare IPOs: Good prognosis?

There has been a steady stream of China healthcare IPOs - most of them drug developers - on the domestic, Hong Kong and US bourses in recent months. They might be benefiting from a COVID-19 tailwind but it won't be permanent

  • Greater China
  • 30 June 2020
Carlyle to buy 20% of Piramal's India pharma business

The Carlyle Group has agreed to invest approximately $490 million for a 20% stake in pharmaceutical division of India’s Piramal Enterprises, which has interests ranging from outsourced drug development to an ophthalmology joint venture with Allergan.

  • South Asia
  • 29 June 2020
molecule-science-drug
General Atlantic invests $100m in Chinese drug maker

General Atlantic has invested $100 million in NASDAQ-listed Chinese cancer drug developer Hutchison China MediTech - also known as Chi-Med - a subsidiary of Hong Kong conglomerate CK Hutchison Holdings.

  • Greater China
  • 26 June 2020
VC-backed SinocellTech enjoys strong Star Market debut

Chinese drug developer SinocellTech nearly trebled in value on its first day of trading on China's Science and Technology Innovation Board (Star Market) following a RMB1.28 billion ($181 million) IPO.

  • Greater China
  • 23 June 2020
doctor-mobile
China's Miaoshou Doctor raises $85m

Miaoshou Doctor, a Chinese online healthcare services platform, has raised RMB600 million ($85 million) in the first tranche of Series D funding round backed by the likes of Qiming Venture Partners, Sequoia Capital China, Ince Capital Partners, CITIC...

  • Greater China
  • 17 June 2020
CPE, Mirae lead $100m Series B for China's JW Therapeutics

JW Therapeutics, a China cancer treatment specialist established by Bristol Myers Squibb-owned Juno Therapeutics and China’s WuXi AppTec, has received $100 million in Series B funding.

  • Greater China
  • 11 June 2020
Chinese drug developer Everest secures $310m Series C

Everest Medicines, a China-based biopharmaceutical company, has raised $310 million in Series C funding across two tranches.

  • Greater China
  • 05 June 2020
Deal focus: IMM overcomes distancing disruption

Health and safety was a priority when IMM Private Equity negotiated a $413 million carve-out of Korea Kolmar Holdings' drug outsourcing business against the backdrop of COVID-19

  • North Asia
  • 04 June 2020
Hillhouse leads $160m Series B for China's Genor Biopharma

Genor Biopharma, a Shanghai-based innovative drug developer, has raised $160 million in Series B funding led by Hillhouse Capital.

  • Greater China
  • 02 June 2020
Shiyu leads $276m round for China's Mabwell Biotech

Mabwell Biotech, a Chinese drug developer with one treatment cleared for production, has raised RMB1.97 billion ($276 million) in Series A funding across two tranches led by specialist healthcare investor Shiyu Capital.

  • Greater China
  • 01 June 2020
Sequoia leads $30m round for China's Atom Bioscience

Chinese drug developer Jiangsu Atom Bioscience & Pharmaceutical has raised $30 million in Series B funding led by Sequoia Capital China and Hong Kong-listed Livzon Pharmaceutical Group.

  • Greater China
  • 29 May 2020
IMM agrees $413m Korea pharma acquisition

IMM Private Equity has agreed to acquire Korea Kolmar Holdings’ pharmaceutical contract development and manufacturing organization (CDMO) for KRW512.5 billion ($413 million).

  • North Asia
  • 28 May 2020
PE-backed Kintor Pharma raises $240m in Hong Kong IPO

Kintor Pharmaceutical, a Chinese drug developer backed by the likes of HighLight Capital and Shenzhen Green Pine Capital Partners, posted a 7% gain on debut following a HK$1.86 billion ($240 million) Hong Kong IPO.

  • Greater China
  • 25 May 2020
Zentalis raises $20m for China drug development venture

Zentalis Pharmaceuticals, a US cancer treatment specialist that raised $165 million in an IPO last month, has secured $20 million in funding to establish a China-based joint venture.

  • Greater China
  • 21 May 2020
Optum, Health Catalyst back Singapore's Holmusk

US investors Optum Ventures and Health Catalyst Capital have co-led a $21.5 million Series A round for Singapore-based healthcare technology developer Holmusk.

  • Southeast Asia
  • 19 May 2020
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