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BioWorld - Tuesday, March 2, 2021
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Home » Clover bags $230M in series C, moves COVID-19 vaccine to phase II/III
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Clover bags $230M in series C, moves COVID-19 vaccine to phase II/III

Feb. 23, 2021
By Elise Mak
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Chengdu-based Sichuan Clover Biopharmaceuticals Inc., known for its Trimer-Tag technology, raised $230 million in a series C financing round. The proceeds will, most notably, help it advance its COVID-19 vaccine candidate, S-Trimer (SCB-2019), to a global phase II/III trial by June. Following its $43 million series B round in December 2019, Clover said on Tuesday, Feb. 23, that it raised more than $400 million in the last 12 months. The company uses its Trimer-Tag technology platform to produce covalently-trimerized fusion proteins to develop protein-based vaccines and biologic cancer therapies.
BioWorld BioWorld Asia Financings Private Series C

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