China's Harbour BioMed rakes in $102.7m to speed up COVID-19 pipeline

China's Harbour BioMed rakes in $102.7m to speed up COVID-19 pipeline

People walk on the street in Macau wearing face masks to protect them to be infected with coronavirus. Source: Macau Photo Agency/Unsplash

Shanghai-based biopharmaceutical firm Harbour BioMed (HBM) on Thursday announced the completion of a Series C round of financing at $102.7 million led by Hudson Bay Capital, an asset management firm in New York and London.

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