.
MergerLinks Header Logo

New Deal


Announced

Completed

Greater Bay Area Homeland Development led a $105m Series C funding round in Elpiscience.

Financials

Edit Data
Transaction Value£74m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Minority

Acquisition

Venture Capital

Private Equity

Cross Border

Friendly

Private

Completed

Pharmaceuticals

biopharmaceuticals

healthcare

biotechnology

biopharma

China

Synopsis

Edit

Greater Bay Area Homeland Development, an investment business, led a $105m Series C funding round in Elpiscience, a clinical stage biopharmaceutical company focusing on cancer immunotherapy. Additional investors included Cormorant Asset Management, Maison Capital, Superstring Capital, Pluto Connection, Unifortune Fund, Lilly Asia Ventures, Hillhouse Capital Group, CDH Investments, Dyee Capital and Oriza. “We are thrilled to have the continued support and endorsement from the top tier investors. It’s been a remarkable 3.5 years. Elpiscience is determined to become a innovation leader in developing the next generation of cancer immunotherapies. We are committed to bringing at least one world-class molecule into the clinic each year to benefit cancer patients globally," Darren Ji, Elpiscience Chairman and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US