Tencent co-leads China's SanegeneBio's extended Series A round
Besides its headquarters in Suzhou and Boston, Massachusetts, the firm also has a clinical operation centre in Shanghai.
Source: dealstreetasia.com
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Besides its headquarters in Suzhou and Boston, Massachusetts, the firm also has a clinical operation centre in Shanghai.
The listing comes at a time when profits remains one of the major concerns among investors.
Previously, Qitan raised 400 million yuan ($63 million) in a Series B round.
It had closed a separate dual-currency fund earlier this month worth $281m for the life sciences industry.
The firm is focused on R&D, medical devices, molecular diagnostics, gene editing, and more.