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Canton Biologics Raises $41 Million in C Round for Biologic CDMO Services

publication date: Sep 18, 2023

Guangzhou Canton Biologics closed a $41 million Series C financing round to expand its biologic CDMO services. Founded in 2016, Canton is an international company founded by a group of Chinese returnees at Guangzhou international Biological Island. It offers end-to-end services ranging from biopharma CMC development to commercial production and global clinical supply. The company claims to offer outstanding results in high-yield cell line development, complex protein expression and manufacturing for international markets. The C round was led by SDIC Venture Capital. More details....

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