Chinese biotech firm Bao Pharma closes over $100m in Series B round

Chinese biotech firm Bao Pharma closes over $100m in Series B round

Laboratory equipment. Photo: Pixabay

Chinese biotech firm Bao Pharmaceuticals has secured over $100 million in a Series B round of financing led by Oriental Fortune Capital to ramp up its efforts to develop and commercialise recombinant protein drugs and antibody drugs.