General Atlantic, IDG lead $100m fourth round for Chinese biotech firm Biotheus

General Atlantic, IDG lead $100m fourth round for Chinese biotech firm Biotheus

Source: National Cancer Institute/Unsplash

Biotheus, a Chinese biotech firm focusing on the treatment of malignant tumours and autoimmune diseases, has secured over $100 million in its fourth funding round co-led by growth equity investor General Atlantic and Beijing-based investment firm IDG Capital.