China Digest: Asymchem Labs lines up $558m R&D hub; Ubrigene notches Series C funding

China Digest: Asymchem Labs lines up $558m R&D hub; Ubrigene notches Series C funding

Photo by National Cancer Institute on Unsplash

China’s Asymchem Laboratories plans to invest at least $558 million to build a new R&D hub while biotech firm Ubrigene has bagged funding in a Series C round.