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Sequoia China led a $37m Series A round in Full-Life Technologies.

Financials

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Transaction Value£29m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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China

Acquisition

Private

Minority

Single Bidder

Completed

Pharmaceuticals

Friendly

Domestic

health care

pharmaceutical

Private Equity

Venture Capital

Synopsis

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Sequoia China, a private equity firm, led a $37m Series A round in Full-Life Technologies, a fully integrated global radiotherapeutics company, with participation from Yunion Healthcare Ventures, Junson Capital, CD Capital and Kunlun Capital. "The funding from world-class venture investors like Sequoia China is a strong vote of confidence in our strategy, team and progress to date. The funds will enable us to advance our lead radiopharmaceutical compounds into first-in-human studies next year and accelerate the development of our global radioisotope production and logistics capabilities," Lanny Sun, Full-Life Co-founder, Chairman & Chief Executive Officer.

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