Chinese biopharma Taibang raises $300m, stirs relisting murmurs

Investment in former China Biologic led by Singapore, Abu Dhabi funds

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Singaporean sovereign wealth fund GIC co-led the $300 million fundraising round for Taibang Biologic. © Reuters

NORIYUKI DOI, Nikkei staff writer

SHANGHAI -- Taibang Biologic Group has raised $300 million from investors including the Abu Dhabi Investment Authority and Singaporean sovereign wealth fund GIC, the Chinese company said Tuesday.

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