JHL Biotech bags pre-IPO funding from Sanofi, others at $750m valuation

JHL Biotech bags pre-IPO funding from Sanofi, others at $750m valuation

Racho Jordanov, CEO of JHL Biotech, Inc.

JHL Biotech Inc., a Taiwan-based developer of cheaper alternative cancer drugs, has raised a new round of financing at a valuation of about $750 million, a person with knowledge of the matter said.

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