LAV, GL Ventures & China's Ruihua lead $156m round in CRO firm Tripod

LAV, GL Ventures & China's Ruihua lead $156m round in CRO firm Tripod

Source: Laurynas Mereckas/Unsplash

Jiangsu Tripod Preclinical Research Laboratories (Tripod), a Chinese contract research organisation (CRO) in the biopharmaceutical space, has raised nearly 1 billion yuan ($156.2 million) in new funding.

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