China Bioventures' Role In Virus Fight Helps Secure $721m In New Funding, Deals

But Some Caution Remains

Developing some of the first coronavirus vaccines and antibody testing kits, venture-backed firms in China have responded fast and partnered actively in the fight against the pandemic, helping them to raise new funds and reach deals. But there have been cautionary tales in other sectors and some investors remain wary.

Money Wave
CHINA LURES $721m IN POST-CORONAVIRUS DEALS BUT RISKS REMAIN • Source: Shutterstock

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