PrimeGene secures $46 million in series B financing

3 January 2025

In Beijing, a series B round for PrimeGene Science and Technology (NQ: 873969) has raised over 300 million renminbi ($46 million), with money from investors including Beijing Pharmaceutical and Health Industry Investment Fund.

The funds will primarily support Phase III clinical trials and a new drug application for PrimeGene’s leading product, pumecitinib.

Designed to treat mild to moderate atopic dermatitis in adults and adolescents, the topical treatment is also being evaluated for other potential indications.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK

Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Biotechnology