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Latest Big Rounds Herald A China Biotech Funding Spring?

 
• By Dexter Jie Yan

Around the turn of the year, four Chinese biotechs including Kelun Biotech and BioRay ramped up funding with deals worth more than $100m, at a time when overall investment sentiment in the sector remains gloomy.

deal spike
spike in large VC/PE deals involving Chinese biotechs at the turn of the year • Source: Shutterstock

The turn of the year witnessed a spike in venture capital and private equity funding deals in China, with several valued at around the $100m level.

A string of four large financings around late December struck a high note, in stark contrast to the generally dampened...

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