China Medical System and a WuXi Biologics industry investment fund were among the participants in the antibody therapy developer's $69.3m series A round.

China-based antibody drug developer Trinomab closed a RMB450m ($69.3m) series A round yesterday featuring pharmaceutical company China Medical System and contract drug development and manufacturing organisation WuXi Biologics, DealStreetAsia reported. GL Ventures, the venture capital branch of hedge fund manager Hillhouse Capital, led the round, which also featured state-owned enterprise group Guolian Group, while WuXi…

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