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Private Equity Portfolio News: Pulmonx Closes $65 million Financing and Adds Chief Financial Officer

REDWOOD CITY, Calif.–(BUSINESS WIRE)–Pulmonx Corporation, a global leader in diagnostic and therapeutic pulmonary device technologies, announced today the closing of an oversubscribed $65 million equity financing and the hiring of Derrick…

Private Equity Portfolio News: Ally Bridge Group, LifeTech Scientific and Quantum Surgical Announce Three-Way China Joint Venture to Develop Innovative Surgical Robot for the Treatment of Liver Cancer 2019

HONG KONG, SHENZHEN, China, and Montpellier, France, April 4, 2019 /PRNewswire/ — Ally Bridge Group (“ABG”), a leading cross-border life science investment group, announced today that it has entered into…

Private Equity Portfolio News: WuXi AppTec Successfully Prices Hong Kong Offering in Stormy Market

BioCentury – Dec 8, 2018 Despite global trade headwinds and a choppy market for biopharma stocks in China, WuXi AppTec Co. Ltd. (Shanghai:603259; HKSE:2359) successfully price its Hong Kong listing…

Private Equity Portfolio News: TESARO Reaches Agreement to be Acquired by GSK

LONDON and WALTHAM, Mass., Dec. 03, 2018 (GLOBE NEWSWIRE) — GlaxoSmithKline plc (LSE/NYSE: GSK) and TESARO Inc (NASDAQ: TSRO) today announced that the Companies have entered into a definitive agreement pursuant to which GSK will acquire…

Private Equity Portfolio News: WuXi AppTec Said to File for $1+ billion Hong Kong Offering

September 18, 2018, Bloomberg Report WuXi AppTec Co., the Chinese contract medical researcher, has submitted an application for a Hong Kong share sale, according to people with knowledge of the…

12 Top China VCs You Need to Know Who Are Making a Transpacific Splash

  Money is rushing into biotech at breakneck speed this year, and one part of the globe is accounting for much of the uptick: China. VC deals were teeming with…

Private Equity Portfolio News: Chinese Sovereign Wealth Fund Backs LinkDoc’s $151 million Series D

Deal Street Asia / Jul 5, 2018 China Investment Corporation (CIC), a sovereign wealth fund has participated in a RMB1 billion (US$151 million) series D round in Beijing-based oncology, big data…

Private Equity Portfolio News: I-Mab Successfully Raised $220 million in Series C

SHANGHAI, June 29, 2018 /PRNewswire/ — I-Mab Biopharma, a company focusing on innovative Biologics in therapeutic areas of immuno-oncology and immuno-inflammation, announced the completion of Series C financing for USD…

Private Equity Portfolio News: Ally Bridge Expands Early-Stage Cancer Solutions with Investment in Quantum Surgical

HONG KONG and MONTPELLIER, France, June 3, 2018 /PRNewswire/ — Ally Bridge Group (“ABG”), a leading cross-border life science investment group, has completed a Series A investment, as the first…

Private Equity Portfolio News: GRAIL Announces $300 million Raised in Oversubscribed Series C Financing

MENLO PARK, Calif. & HONG KONG–(BUSINESS WIRE) — GRAIL, Inc., a healthcare company whose mission is to detect cancer early, when it can be cured, today announced it has raised…

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