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Lepu Bio Raises $131 Million in Series A Funding for Immunotherapies

publication date: Jul 2, 2019

Lepu Biotech, a Shanghai immunotherapy company, raised $131 million in a series A financing led by Beijing healthcare investor Shiyu Capital. Lepu, a subsidiary of China medical device company Lepu Medical, was founded in 2018 to develop immunotherapies. According to press reports, the company has PD-1, PD-L1 and antibody-drug conjugate (ADC) candidates that have begun clinical trials. The company plans to use the capital to speed up its trial activity and build production facilities. More details....

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