Home Finance

FINANCE

January 23, 2026
Corxel Pharmaceuticals completes $287 million Series D1 financing to develop oral small-molecule GLP-1 RA

On December 23, 2024, Corxel Pharmaceuticals in-licensed the global development and commercialization rights (excluding Greater China) for CX11 (also known as VCT220) from Vincentage.Currently, Corxel holds global rights to three products and Greater China rights to two products.

January 23, 2026
Micro X-ray Technology completed ~¥100M strategic financing, creating the "new engine"of China-developed high-end medical imaging industry

In response to this dilemma, Micro X-ray Technology has built a complete molybdenum-based liquid bearing production line and achieved stable mass production of liquid bearing CT ball tubes. As a result, Micro X-ray Technology has built a barrier from ball bearings to liquid metal bearings.

January 22, 2026
From $35M out-license to $2.2B buyout: GSK acquires RAPT, with eye on Chinese-originated allergic drug

This drug candidate is intended for the prophylactic protection against food allergens and is currently in Phase IIb clinical development. Pursuant to the agreement, GSK will obtain the global rights (excluding Chinese Mainland, Hong Kong, Macau, and Taiwan) to develop and commercialize ozureprubart. Concurrently, GSK will assume the responsibility for future success-based milestone and royalty payments owed to RAPT's partner, Shanghai Jeyou Pharmaceutical Co., Ltd.

January 22, 2026
YuanLife secures tens of millions in Angel funding, leading the "quantifiable" track in precision health management

The anti-aging market commonly faces challenges such as fragmented products and services, difficulties in quantitatively evaluating the effectiveness of interventions, and a lack of standardized systems. These issues often leave users caught in a dilemma of "wanting to believe but hesitating to trust.

January 21, 2026
NewDEL Biotech secures tens of millions in Series A+ follow-on funding, pioneering drug R&D innovation with "DEL+AI" dual-driven approach

NewDEL Biotech specializes in the in-depth development and application of DNA-encoded library (DEL) technology, and is dedicated to empowering and advancing innovative drug research and development through its distinct technological capabilities.

January 20, 2026
Rejuve Biotechnology has completed a Series A financing round raising tens of millions, with WinX Capital serving as the exclusive financial advisor

Rejuve Biotechnology is an innovative company focused on the research, development, production, and sales of recombinant botulinum toxin. It is committed to applying synthetic biology technology to the field of pharmaceuticals, developing and providing botulinum toxin series products with outstanding cost-effectiveness, with the aim of becoming one of the leading suppliers in this category.

January 20, 2026
Insilico Medicine and Hygtia Biology enter into co-development pact for CNS inhibitor ISM8969 with HKD 78M upfront

ISM8969 is a novel, orally available NLRP3 inhibitor with blood-brain barrier penetration properties, discovered and optimized through Insilico Medicine's generative chemistry platform Chemistry42. Preclinical studies have demonstrated its excellent efficacy, favorable safety profile, and superior blood-brain barrier penetration capability.

January 19, 2026
For up to $630M, AstraZeneca acquires remaining China rights to AbelZeta’s CAR-T asset

C-CAR031 is an autologous, Glypican-3 (GPC3)-targeting chimeric antigen receptor T-cell (CAR-T) therapy. Based on AstraZeneca's novel GPC3-targeting CAR-T candidate (AZD5851), it is designed using AstraZeneca's dominant negative transforming growth factor-beta receptor II (dnTGFβRII) armoring platform and is manufactured by AbelZeta in China. It is currently being investigated for the treatment of hepatocellular carcinoma (HCC) and other solid tumors.

January 19, 2026
Capital pulse: China healthcare financing week (Jan 12-16, 2026)

Preliminary statistics from VCBeat identified 16 financing events in China's healthcare sector between January 12 and 16, 2026 (excluding IPOs and private placements). The period was headlined by Zenitar‘s nearly RMB 600 million Series C round, followed by Oricell Therapeutics' USD 70 million Series C round.

January 19, 2026
Single-Cell Biotech completes ~¥100M Series A++ financing round, with WinX Capital serving as exclusive financial advisor

As a global leader in providing solutions for live single-cell metabolic function analysis and sorting, Single-Cell Biotech leverages its proprietary and innovative "Meta-Ramanome Technology" as the core platform. Single-Cell Biotech has successfully developed a high-end product portfolio of live single-cell "metabolic profiling" instruments that target specific metabolic functions.

January 16, 2026
Saizeng Medical receives $70M upfront from Yarrow for first-in-class TSHR antibody GenSci098

Interestingly, after finalizing the collaboration on December 16, Yarrow promptly announced a reverse merger with VYNE Therapeutics on December 17, completing a backdoor listing with the stock symbol "YARW". According to the merger agreement, shareholders of Yarrow are expected to own approximately 97% of the combined company, while shareholders of VYNE are expected to own approximately 3%.

January 16, 2026
Sinus Medtech completes ¥100M+ RMB Series A financing to advance global product innovation and patient benefits

Sinus Medtech's core product, the "Ventricular Septum Radiofrequency Ablation System," has been included in the National Innovative Medical Device Special Review Process and has received the FDA's Breakthrough Device designation, reflecting its recognized clinical value.

January 16, 2026
Is this the BCI takeoff? A ¥2B financing round and Medtronic’s entry say yes

Precision is a global leader in invasive brain-computer interfaces and a major competitor to the well-known Neuralink, owned by Musk. Its Layer 7 brain-computer interface, which utilizes a high-resolution cortical electrode array, received FDA approval in April of last year. It can be implanted into patients' brains for up to 30 days, enabling individuals with severe paralysis to control electronic devices such as computers and smartphones through their thoughts.

January 15, 2026
Alioth Biotech Secures ¥100M+ in Pre-B Financing to Advance R&D and Commercialization of Proprietary Filtration Membranes

Against the backdrop of the rapid development of the global biopharmaceutical industry and the increasingly urgent demand for autonomous and controllable supply chains, Alioth has remained dedicated since its establishment to the research, development, manufacturing, and application of critical filtration membranes and single-use filter products essential in biopharmaceutical processes.

January 14, 2026
Signet Therapeutics completes 80 million Series A financing to accelerate global clinical development of its "Organoids + AI" innovative drug pipelines

Since its establishment at the end of 2020, Signet Therapeutics has centered its efforts around a forward-looking "organoids + AI" drug R&D platform, dedicated to addressing the major unmet clinical needs of malignant metastatic cancers such as diffuse gastric cancer, liver cancer, and lung cancer.

January 14, 2026
XellSmart completes ¥400M in Series B, B+, and C1 financing, achieving market-driven funding for the fifth consecutive year

Since its inception, XellSmart has assembled a fully dedicated, internationally competitive professional team focused on the R&D of iPSC-derived cell-based therapeutics. The team covers the core aspects of R&D and industrialization for iPSC-derived neural cell drugs.

January 13, 2026
Genhouse Bio completes crossover financing round exceeding 300 million

As a biotech company driven by independent innovation, Genhouse Bio remains focused on developing globally leading targeted anti-tumor small-molecule therapeutics. Genhouse Bio has established a drug development philosophy centered on "AI/Biology-Driven Smart Design," deeply integrating computational chemistry, artificial intelligence, and internal experimental platforms to form an efficient R&D system characterized by "data-driven, rapid iteration."

January 13, 2026
SciNeuro and Novartis strike up to $1.67B deal for next-gen Alzheimer’s disease therapeutics

Given the complexity of the CNS and the challenges in drug development, there remains a substantial unmet clinical need for many CNS diseases. With continuous advancements in sophisticated research instruments, fundamental research in the CNS field has reached a tipping point.

January 13, 2026
Biyo Pharma completes ~¥100M Pre-A round financing, with its BY002 receiving FDA clearance to enter clinical trials

Beyond its pain management projects, Biyo Pharma continues to strategically invest in several other key areas, including chronic pain, neurorestoration, metabolism, and immune inflammation. This provides the company with sustained innovation momentum and a pipeline reserve for its medium- to long-term development.

January 12, 2026
Haisco Pharmaceutical signs exclusive licensing agreement with U.S.-based AirNexis, with total deal value reaching $1.063 billion

Haisco Pharmaceutical stated that, unlike the previous straightforward "License-out" model, this collaboration involved the establishment of a new entity (NewCo), enabling deep alignment and mutual growth with AirNexis and its investors. This move marks a further upgrade in Haisco's internationalization strategy.