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Fueled by Covid prospects, Chinese vaccine developer scores $230M to upscale the whole pipeline

The Covid tides are float­ing more than US or Eu­ro­pean boats.

Take Clover Bio­phar­ma­ceu­ti­cals, the Cheng­du, Chi­na-based de­vel­op­er of a CEPI-fund­ed vac­cine that’s just closed $230 mil­lion in a Se­ries C. That means the biotech is of­fi­cial­ly $400 mil­lion rich­er than it was be­fore the pan­dem­ic struck — and po­ten­tial­ly stand­ing much clos­er to the com­mer­cial mar­ket.…

This data comes from the ChinaPulse.com media intelligence and smart news insights platform.

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