Six years separated from a rabies vaccine scandal, China’s YishengBio grabs $130M to go big in infectious diseases, cancer
In another boost to the global vaccine field, top investors in China have huddled together to inject $130 million into Beijing-based YishengBio.
Co-led by Oceanpine and OrbiMed, the Series B now gives the biotech an enviable list of marquee domestic VCs: EightRoad, F-Prime Capital, 3W Capital, Hillhouse Capital, MSA Capital, AIHC, Epiphron Capital, Superstring Capital and Haitong International. The standout here is Adjuvant Capital, a public-health-minded crew with ties to the Gates Foundation.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.