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China's Harbour BioMed Mulls Global Licensing

 
• By Brian Yang

The Shanghai-based biotech startup Harbour Biomed hopes overseas licensing will propel it towards an initial offering in the US, following in the footsteps of a successful approach pioneered by BeiGene.

China globe
Shanghai biotech harbors global ambitions

Riding a policy tailwind, Chinese biotech ventures like Harbour BioMed are accelerating their expansion pace with more overseas licensing deals in sight.

The Shanghai-based startup, founded in 2016 via the acquisition of Harbour Antibodies BV, recently completed a Series A-plus round of financing, led by CDH Investments and also participated in by A round investor Advantech Capital

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