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Chinese CRISPR company YolTech raises $45M as it plans for first Phase 3 study

This report was first published by Endpoints News. To see the original version, click here

YolTech Therapeutics, a prolific Chinese biotech that’s already begun testing four CRISPR gene editing therapies in small clinical studies, raised a $44.5 million Series B to test several more genetic medicines in humans and potentially begin its first Phase 3 trial later this year, it told Endpoints News in an exclusive interview.

The new round was led by the AstraZeneca-CICC Healthcare Investment Fund, a $1 billion equity fund established by the British pharma company and the China International Capital Corporation in 2019.

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