InventisBio closes $70 million Series C to advance trials

13 March 2019

Chinese biotech InventisBio has announced the closing of a $70 million Series C financing.

Yaolin Wang, InventisBio chairman and chief executive, said that the new investment would accelerate the development of the company’s three clinical candidates into Phase II trials and help to take new drugs into the lab.

“Our goal is to develop innovative drugs with our own intellectual property rights, to achieve global drug approvals based on international multi-center clinical trials for diseases with unmet medical needs,” Dr Wang said.

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