Zai zooms ahead with $30M series A from international investors
By Shannon Ellis
Tuesday, September 2, 2014
SHANGHAI Zai Lab Inc., of Shanghai, has received $30 million in financing from a group of international venture capital investors, led by the well-respected Qiming Venture Partners LLC, headquartered in Hong Kong. The series A funding will support Zai's pursuit of its "virtual" business model, and the in-licensing and developing of innovative drugs for global markets as well as China.
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