.
MergerLinks Header Logo

New Deal


Announced

Completed

Gree and Xicheng Jinrui led a $104m round in Trinomab.

Financials

Edit Data
Transaction Value£86m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Completed

biotechnology

Domestic

Friendly

Biotechnology

Private Equity

Private

Venture Capital

Single Bidder

Acquisition

China

Minority

Synopsis

Edit

Gree, an appliance manufacturer, and Xicheng Jinrui, an investment firm, led a $104m round in Trinomab, a biotechnology firm, with participation from Yifeng Capital, Shenyin Wanguo, China Medical System, Guolian, and Jinhang Group. "Since its establishment at the end of 2015, the company has always been oriented towards creating clinical value and making highly differentiated source innovative drugs. We firmly believe that with the support of many partners, Technomicrobio will surely grow faster and more stably, and provide safe-efficient-accessible antibody drugs to patients around the world," Zheng Weihong, Tynomib Co-Founder, CEO and President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US