China's HLC, Panacea lead $100m funding in biotech startup Inmagene

China's HLC, Panacea lead $100m funding in biotech startup Inmagene

Laboratory equipment. Photo: Pixabay

Inmagene Biopharmaceuticals, a biotech startup with offices in China and the US, has closed $100 million in a Series C round of financing jointly led by health-focused HighLight Capital (HLC) and Panacea Venture, the startup announced in a WeChat post on Tuesday.