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Chinese Drug Developer Lynk Pharmaceuticals Secures Funding Of Usd50 Million

Aug 27, 2021about 4 years ago

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Lynk Pharmaceuticals has raised USD50 million in its latest fundraiser, led by Lilly Asia Ventures, a unit of US pharmaceutical giant Eli Lilly.

Company Information

Company

Lynk Pharmaceuticals

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The proceeds of the Series B financing round are earmarked for Phase I and II clinical trials of products in the Chinese drug developer’s pipeline and to help it strengthen cooperation with leading global firms, the Hangzhou-based startup said today.