China’s SDIC, Shenzhen Venture Capital co-lead MabPlex’ $59m Series A

China’s SDIC, Shenzhen Venture Capital co-lead MabPlex’ $59m Series A

Pedestrians walk along an elevated walkway as an electronic ticker displays stock figures in Pudong's Lujiazui Financial District in Shanghai, China, on Friday, Dec. 28, 2018. China announced plans to rein in the expansion of lending by the nation's regional banks to areas beyond their home bases, the latest step policy makers have taken to defend against financial risk in the world's second-biggest economy. Photographer: Qilai Shen/Bloomberg

US and China-based contract development and manufacturing organisation (CDMO) MabPlex International has closed a $59.1 million Series A round co-led by China’s State Development & Investment Corporation (SDIC) and Shenzhen Venture capital, it said in a statement on Wednesday.

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