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New Deal


Announced

Completed

Hillhouse led $160m Series B round for Genor Biopharma.

Financials

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Transaction Value£129m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Acquisition

Friendly

Biotechnology

China

Minority

biotechnology company

Venture Capital

Private

Completed

biopharma

Private Equity

Single Bidder

Synopsis

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Hillhouse led $160m Series B round for Genor Biopharma, a biopharmaceutical company, which develops and commercializes therapeutic monoclonal antibodies, Fc-fusion proteins, and recombinant therapeutic proteins. The round saw participation from Temasek and Life Science Fund, Kaiyuan International and Cavenham PE. "The year of 2020 is a significant year for Genor Biopharma. we are in the final sprint to push those mature medicines to hit the market, meanwhile accelerating the R&D process in oncological immunotherapy," Guo Feng, Genor CEO.

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