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Adlai Nortye Completes $100 Million Funding for Immunotherapies

publication date: Jul 13, 2021

Adlai Nortye Biopharma, a Hangzhou oncology immunotherapy company, completed a $100 million Series D round led by CMG-SDIC Capital and existing investor Tigermed. One year ago, Adlai Nortye raised close to $100 million in a Series C funding. Founded in 2016, Adlai Nortye has three candidates in clinical trials and at least ten more undergoing pre-clinical tests. It built the portfolio through collaborations and internal discoveries. It has clinical operation centers in both China and the US. Legend Star and WuXi Biologics' industry fund also participated in the latest funding. More details....

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