Despite a pending domestic approval for BioNTech/Fosun's COVID-19 vaccine, China’s apparent belief in another, domestically developed, mRNA vaccine sees a large group of investors pour hundreds of millions into a little-known private bioventure founded by an ex-Moderna scientist and poised to take on the US biotech.
Barely one month after the initiation of a final-stage clinical study, the developer of China's first domestically developed mRNA COVID-19 vaccine has now been showered with cash.
Private bioventure ABOGEN INC, founded just over two years ago, has grabbed a cash injection in a huge series...