Chinese biotech adds $102 million to advance 10-drug pipeline

9 August 2018

A Chinese oncology company that is developing biosimilars and innovative drugs, has announced the completion of a Series B financing round, raising $102 million in capital.

TOT Biopharm’s financing was supported by both Chinese and foreign investors and will pay for the continued R&D, manufacturing and marketing of high-end anti-tumor drugs.

"TOT Biopharm is taking advantage of the high-speed growth opportunities in China's oncology market"

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