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New Deal


Announced

Boyu Capital, Matrix Partners China, Sequoia Capital China, Temasek, and WuXi AppTec led a $200m Series A round in D3 Bio.

Financials

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Transaction Value£151m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Private

Friendly

Biotechnology

Acquisition

Minority

Venture Capital

Single Bidder

China

Cross Border

Completed

biotechnology company

Synopsis

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Investment firms Boyu Capital, Matrix Partners China, Sequoia Capital China, Temasek, and WuXi AppTec led a $200m Series A round in D3 Bio, a global biotechnology company focused on developing and commercializing precision medicines. "Our mission at D3 Bio is to build a global biotechnology company that develops innovative and more efficacious medicines for patients worldwide. The financing and support of our approach by reputable institutional investors give us a great start as we begin our journey to transform drug development to accomplish our mission," George Chen, D3 Bio Co-Founder, Chairman and CEO.

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