Announced
Completed
Financials
Sources
Tags
Acquisition
Completed
Private Equity
Private
Pharmaceuticals
Venture Capital
pharmaceutical company
Single Bidder
Domestic
China
Minority
Friendly
Synopsis
Investment company Shenzhen Investment Holdings led a $147m Series C round in Hinova Pharmaceuticals, a Chengdu-based drug research firm, with participation from Huarong Rongde Asset Management, Hangzhou Tigermed, and Sinopharm-CICC Capital. The financing capital will be used to support multi-center clinical trials and to commercialize the firm’s drug candidates locally and internationally.
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