ARTICLE | Financial News
Connect raises $20M series A round
January 26, 2017 12:53 AM UTC
Connect Biopharmaceuticals Ltd. (Suzhou, China) said it raised $20 million in an oversubscribed series A round led by Qiming Venture Partners. Also participating were Northern Light Venture Capital, Lapan Capital and Cowin Venture Capital.
The company is planning a Phase II study of lead candidate CBP-307 to treat inflammatory bowel disease (IBD). Within a year, it hopes to begin a Phase I study of a second candidate, CBP-201, which is in development to treat atopic dermatitis and asthma. ...
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