With its sale to AstraZeneca, Gracell blazes exit trail for cash-challenged Chinese biotechs 亘喜生物卖身阿斯利康 为manbetx3.0
药企指引新出路?
The Chinese cell therapy specialist, whose core product is still in phase 1 trials, will avoid future cash flow difficulties by selling itself to the European giant. 亘喜生物专注细胞疗法赛道,其进展最快的核心产品仍处于临床一期阶段,未来将在中、美展开多项临床试验,此举有望规避现金流不足风险。
Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.