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Multiple China Biotech VC, PE Deals Kick Off A Strong Start To 2024

 
• By Dexter Jie Yan

Jiangsu Vcare Pharmatech, Neurodawn Pharmaceutical and Shanghai Synvida Biotechnology stand out with funding rounds that each grossed roughly CNY200m ($28m) and above.

funding
Venture capital and private quity funding for Chinese biotechs got off to a good start in January. • Source: Shutterstock

Biotech financing deals in China, backed by venture capital and private equity firms, started to pick up in January and deal sizes also crossed the CNY200m ($28m) mark.

Apart from Ji Xing Pharmaceuticals and Full-Life Technologies Limited’s respective $162m series D and $47m series B rounds (Also see "Finance Watch: Q4 Venture Financings Slumped But...

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