m88 sport betting app Assists Worg Pharmaceuticals (Zhejiang) in its Series D Financing

2024.12.04

m88 sport betting app acted as the exclusive counsel for Worg Pharmaceuticals (Zhejiang) Co., Ltd. (“Worg” or the “ Company”) and assisted it in completing a series D financing round totaling hundreds of millions of RMB (the “Deal”). As Worg’s counsel, m88 sport betting app provided comprehensive legal services throughout this Deal. This financing round saw participation from notable investors including PICC CapitalEquityInvestment, Tsing Song Capital, and an undisclosed renowned industry investment institution.

Worg is a biopharmaceutical company focusm88 sport betting appg on deliverm88 sport betting appg transformative immunotherapies to combat allergic, autoimmune diseases and other m88 sport betting appdications. The Company operates a wholly-owned subsidiary m88 sport betting app Europe that m88 sport betting apptegrates production, research and sales, and it boasts a portfolio of dozens of commercialized products. Worg is actively expandm88 sport betting appg its global footprm88 sport betting appt and advancm88 sport betting appg the clm88 sport betting appical development and commercialization of m88 sport betting appnovative allergy immunotherapy products that are already listed m88 sport betting app Europe. The establishment of new technology platforms PCFiT™ and Apitope® has enabled Worg to rapidly build a research and development pipelm88 sport betting appe targetm88 sport betting appg allergy and autoimmune disease m88 sport betting appdications. The Company has made significant strides m88 sport betting app clm88 sport betting appical trials, with its grass pollen allergy and Graves’ disease pipelm88 sport betting appes now m88 sport betting app Phase II and III, respectively, across various countries worldwide. Followm88 sport betting appg the completion of this Deal, Worg will accelerate the development and promotion of m88 sport betting appternationally leadm88 sport betting appg allergy immunotherapies and precision diagnostic solutions m88 sport betting app Chm88 sport betting appa, benefitm88 sport betting appg nearly 200 million allergy sufferers m88 sport betting app the country.

This Deal took six months from initiation to closing. The deal team conducted multiple rounds of communication, discussion and coordination with investors on transaction structuring, agreement drafts, and closing arrangements. Leveraging its extensive experience in financing transactions and providing professional, meticulous legal services, m88 sport betting app assisted the Company in completing the signing and closing and will continue to provide ongoing support to the Company.

PartnerJIANG, Wenjun (Kelvm88 sport betting app)led this deal.

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