Ascletis Eyes Launch Of China’s First Oral HCV Drug, Possible IPO

Already well-funded Chinese venture Ascletis has completed a large Series B to support the commercialization of effective new oral HCV drugs and progress its pipeline, and has not ruled out the possibility of going public in an IPO.

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Ascletis Inc., a Chinese biotech specializing in liver disease treatments with a focus on hepatitis C, has completed a major $100m Series B financing, following a first round $55m fundraising in the second half of 2015.

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