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Rokae roars into $14.5m series C1

Tsinghua-backed Rokae is working on lightweight robots with a wide range of applications and has now raised $43.5m altogether.

Aug 21, 2020

GI Windows lets in series A1 funding

GI Windows Medical plans to put the $16.4m from the Johnson & Johnson Innovation – JJDC-backed round into clinical validation of its anastomotic endoscopy device.

Aug 21, 2020

Inhibrx inherits public listing in $119m IPO

Eli Lilly and WuXi Biologics-backed biologics developer Inhibrx floated at the midpoint of its range having previously raised $135m in debt and equity financing.

Aug 20, 2020

Dizal dips into $100m round

Dizal, co-founded by AstraZeneca three years ago to develop therapies for a broad range of diseases, pulled in $100m through a round led by Lilly Asia Ventures.

Aug 20, 2020

Reliance Industries swallows NetMeds

Reliance Industries has paid $82.6m for a majority stake in NetMeds, an online pharmacy that had raised $99m from backers including Daun Penh Cambodia Group and Sistema.

Aug 20, 2020

LP Pharma spins series C round

Sequoia Capital China led a $72.3m round for the drug developer, which counts Xiamen Air and Pien Tze Huang-among its early investors.

Aug 20, 2020

Immpact Bio seals $18m round

Johnson & Johnson, Takeda, Novartis and Bukwang Pharmaceutical all backed the first round disclosed by oncology drug developer Immpact Bio USA.

Aug 20, 2020

JD Health books $830m appointment with Hillhouse

Hillhouse Capital is set to supply more than $830m for JD.com's pharmaceutical and medical services spinoff, which raised about $1bn last year.

Aug 19, 2020

Tango Therapeutics takes $50m

Collaboration partner Gilead Sciences provided $20m as the cancer therapy researcher extended its overall equity funding to $165m.

Aug 19, 2020

DesignMedix gives up after failed trial

Portland State University spinout DesignMedix has shut down after its phase 1 trial for an antimalaria treatment caused side effects.

Aug 19, 2020
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