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LP Pharma of Xiamen Raises $30 Million for Drugs with Mucosa/Oral Delivery

publication date: Dec 26, 2017

LP Pharma (Xiamen) raised $30 million in a B round led by state-owned SDIC Fund Management. LP focuses on developing drugs with mucosa/oral controlled delivery technology. The company, formed in 2012 by returnees, initially worked on two treatments, one for AIDS and the other an unspecified cancer indication. Joining the B round were CMB International Capital and Zhangzhou PienTzeHuang Pharma. More details....

Stock Symbol: (SHA: 600436)

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