China's Akeso BioPharma closes $150m Series D round

China's Akeso BioPharma closes $150m Series D round

Akeso Biopharma, a Chinese biotech company specialized in innovative antibody drugs, announced on Monday the completion of a $150 million Series D round of financing led by China-focused private equity firm Loyal Valley Capital (LVC) and Hong Kong-listed Sino Biopharm.