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Three Chinese Biotechs Bag Late-Stage VC/PE Funding In February

 
• By Dexter Jie Yan

Evopoint, I-Mab Biopharma (Hangzhou) and MAXVAX extended their funding with series E and C rounds, respectively, in February, amid signs that biotech investor sentiment in China may be recovering.

funding
February saw improving sentiment among biotech VC/PE investors in China • Source: Shutterstock

Venture Capital and private equity investors in February rekindled their enthusiasm for late-stage financing rounds to carry Chinese biotechs through a persistent funding crunch.

The turnaround seemed to add to encouraging signs that could lead to a mild recovery in the sector, as Chinese biotech funding deals worth

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