{"id":39435,"date":"2025-08-15T16:40:39","date_gmt":"2025-08-15T08:40:39","guid":{"rendered":"https:\/\/flcube.com\/?p=39435"},"modified":"2025-08-15T16:40:40","modified_gmt":"2025-08-15T08:40:40","slug":"minghui-pharmaceutical-secures-131m-pre-ipo-funding-led-by-orbimed-and-qiming-ventures","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=39435","title":{"rendered":"Minghui Pharmaceutical Secures $131M Pre-IPO Funding Led by OrbiMed and Qiming Ventures"},"content":{"rendered":"\n<p>China-based Minghui Pharmaceutical Inc. announced the successful completion of a $131 million Pre-IPO financing round. The round was led by OrbiMed, a renowned global healthcare investment firm, and co-led by Qiming Venture Partners. Existing shareholder TF Capital continued its support, and the company also brought in several high-quality institutional investors, including BioTrack Capital, 5Y Capital, New Day Fund, and Wider Link Enterprise Investment Limited. Representatives from OrbiMed and Qiming Venture Partners will join the company&#8217;s board of directors.<\/p>\n\n\n\n<p><strong>Funding Utilization<\/strong><br>The funds raised will primarily be used to accelerate the development of the company&#8217;s core clinical-stage programs. A key focus will be on advancing the combination therapy strategy of its PD-1\/VEGF bispecific antibody and antibody-drug conjugates (ADCs). The capital will also support the launch preparations and commercialization of the topical JAK inhibitor in China.<a href=\"https:\/\/flcube.com\/\">-Fineline Info &amp; Tech<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China-based Minghui Pharmaceutical Inc. announced the successful completion of a $131 million Pre-IPO financing round&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":39436,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7,10],"tags":[72,2556],"class_list":["post-39435","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company","category-deals","tag-ipo","tag-minghui-pharmaceutical"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Minghui Pharmaceutical Secures $131M Pre-IPO Funding Led by OrbiMed and Qiming Ventures - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"China-based Minghui Pharmaceutical Inc. announced the successful completion of a $131 million Pre-IPO financing round. The round was led by OrbiMed, a renowned global healthcare investment firm, and co-led by Qiming Venture Partners. Existing shareholder TF Capital continued its support, and the company also brought in several high-quality institutional investors, including BioTrack Capital, 5Y Capital, New Day Fund, and Wider Link Enterprise Investment Limited. 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Existing shareholder TF Capital continued its support, and the company also brought in several high-quality institutional investors, including BioTrack Capital, 5Y Capital, New Day Fund, and Wider Link Enterprise Investment Limited. 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