The immuno-oncology treatment developer secured series B funding from investors including Legend Capital, a year after its $50m series A round.

China-based immuno-oncology treatment developer MediLink Therapeutics has raised $70m in series B funding from investors including Legend Capital, the venture capital firm formed by conglomerate Legend Holding, DealStreetAsia reported on Monday.

Lyfe Capital and Qiming Venture Partners co-led the round, which also featured Loyal Valley Capital and HighLight Capital.

Founded in 2020, MediLink is developing antibody-drug conjugates (ADCs) to treat cancer. It is looking to begin clinical trials for its most advanced drug candidates later this year in the United…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.