According to China Venture, Shouyao Holdings just received around 28 million dollars in Series A financing, this round of financing was led by E-Town International Investment.
Shouyao Holdings was founded in 2016, it’s a state-own company that headquartered in Beijing, it mainly focuses on the development and production of new drugs for cancer and diabetes. At present, the company has applied for 113 invention patents and obtained 36 authorizations. Right now, the company has around 100 employees.
About E-Town International Investment
E-Town International Investment is an investment and financing company with the mission of promoting industrial upgrading and technological innovation in China.