Hong Kong biotech start-up Arctic Vision eyes leading role in China, Asia ophthalmic medicine markets
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Teddy-wuஎடி-வுArctic Vision Announces Completion of Over US$100 Million Series B Financing to Accelerate Portfolio Expansion, Clinical Development and Commercialization
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SHANGHAI, March 9, 2021 /PRNewswire/ Arctic Vision, a China-based clinical-stage ophthalmology company focused on developing innovative therapies for pan-ocular diseases, today announced the completion of over US$100 million Series B financing. The Series B round was led by Loyal Valley Capital, with participation from Tencent, Octagon Capital, and Dr. Adrian Cheng, renowned entrepreneur from New World Development Group, along with existing investors Nan Fung Life Sciences, Pivotal bioVenture Partners China and Morningside Ventures. The proceeds will continue to support the progress of Arctic Vision s pipeline, including clinical developments, registrational activities, and commercialization; as well as the establishment of in-house R&D capabilities; business development,
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United-states
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