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PRVB - Week In Review: Yuanxin Raises $465 Million For Online Healthcare Company Miaoshou Doctor
Provention Bio Inc.
Beijing Yuanxin Technology raised $465 million in a Series E round to support its online/offline healthcare operations.
Shanghai Microport Cardioflow Medtech, a spinout from China medical device maker Microport, completed a $324 million IPO in Hong Kong.
Hangzhou Zhongmei Huadong Pharma formed a $180 million collaboration with Provention Bio of New Jersey to develop a bispecific drug targeting B cell surface proteins CD32B and CD79B in China.