Chinese radiopharma firm raises over $100 million

18 November 2024

In yet another sign of the mounting interest in radiopharmaceuticals, Tongrui Biopharma, a Chinese innovator in this area, has announced the completion of a $100 million series A+ financing round.

The funding was led by Shenzhen Capital Group and Tailong Investment, with participation from GL Ventures, 3SBio (HKEX: 1530), and other backers.

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