Week In Review: Shenzhen's MGI Tech Raises $1 Billion To Develop Gene Sequencing Machines
May 30, 2020 at 14:59 PM EDT
MGI Tech of Shenzhen, a company making gene-sequencing machines and related equipment, completed a $1 billion Series B round led by IDG Capital and CPE. Suzhou Kintor Pharma completed a $240 million IPO on the Hong Kong Exchange.