LTZ Therapeutics raises over $20 million

31 July 2024

Chinese biotech company LTZ Therapeutics has announced the completion of its series A financing round, raising over $20 million.

The firm, which has a strong presence in California, will use the money to advance the development of its Myeloid Engager pipeline to treat cancer and autoimmune diseases.

The round was led by new investor Lapam Capital, with participation from GL Ventures, K2 Venture Partners, and Shunwei Capital.

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