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BioWorld - Thursday, May 28, 2026
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Home » Topics » BioWorld Asia, Financings

BioWorld Asia, Financings
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Close-up of eye

Azura Ophthalmics raises $20M series C for registration study in Meibomian gland dysfunction

Oct. 27, 2020
By Tamra Sami
PERTH, Australia – Azura Ophthalmics Ltd. raised a $20 million series C round with existing investors, including Brandon Capital’s Medical Research Commercialization Fund (MRCF), Orbimed, TPG Biotech and Ganot Capital.
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CD47 protein structure

Immuneonco bags $25M in series B for CD47 antibodies development

Oct. 27, 2020
By Gina Lee
HONG KONG – Shanghai, China-based Immuneonco Biopharmaceuticals Co. Ltd. bagged $25 million in series B financing in October. The funding will mainly support the companies’ immunotherapies, which include IMM-01 and IMM-0306, both of which target CD47.
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HKEX exterior

Simcere launches $460M IPO in Hong Kong, shares drops 24%

Oct. 27, 2020
By Elise Mak

Chinese drugmaker Simcere Pharmaceutical Group Ltd. raised HK$3.57 billion ($460.6 million) in Hong Kong by issuing 261 million shares at HK$13.7 apiece on Oct 27. Its debut hit a setback, with its share price (HKEX:2096) dropping over 20% in mid-morning and extending losses to nearly 24% to close at HK$10.46.


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Financings for Oct. 27, 2020

Oct. 27, 2020
Biopharmas in Asia-Pacific raising money in public or private financings, including: Sunshine Biopharma.
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Financings for Oct. 20, 2020

Oct. 20, 2020
Biopharmas in Asia-Pacific raising money in public or private financings, including: Aridis, IMV, Kanaph, Opthea.
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HKEX building

Genor raises $347M via HK IPO, aims to strengthen breast cancer franchise

Oct. 13, 2020
By Elise Mak
BEIJING – Biologics developer Genor Biopharma Co. Ltd. raised HK$2.69 billion (US$347 million) via a pre-revenue IPO on the Hong Kong Stock Exchange on Oct. 7, with shares (HKEX:6998) trading 16.25% higher to close at HK$27.95.
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HKEX exterior

Everest makes strong debut in Hong Kong with HK$3.49B IPO

Oct. 13, 2020
By Elise Mak
BEIJING – Three-year-old startup Everest Medicines Ltd. (1952.HK) sold 63 million shares at HK$55 apiece to raise HK$3.49 billion (US$451 million) on the Hong Kong Stock Exchange on Oct 9. Shares were oversubscribed by 654 times in Hong Kong.
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Financings for Oct. 13, 2020

Oct. 13, 2020
Biopharmas in Asia-Pacific raising money in public or private financings, including: Opthea.
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Chinese yuan

Genome editing startup Edigene closes $67M series B to push pipeline to clinic

Oct. 13, 2020
By Elise Mak
Genome editing startup Edigene Inc. has raised RMB450 million ($67 million) in a series B financing round to move two of its programs for blood diseases into clinical trials. The financing round was led by 3H Health Investment, and supported by Sequoia Capital China, Alwin Capital and Kunlun Capital. Previous investors such as IDG Capital, Lilly Asia Venture, Huagai Capital and Green Pine Capital Partners also joined the round.
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Jackie Fairley, CEO, Starpharma

Starpharma completes AU$45M placement to accelerate development of COVID-19 nasal spray

Oct. 6, 2020
By Tamra Sami
PERTH, Australia – Starpharma Holdings Ltd. completed a AU$45 million (US$32 million) placement to domestic and international investors that will see it advance its COVID-19 antiviral nasal spray. The treatment is based on the company’s antiviral dendrimer, SPL-7013.
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