EOC Pharma Raises $71 Million in C Round for China Development of In-Licensed Oncology Drugs

On December 2, 2019 EOC Pharma, the oncology development arm of China in-licensing company Eddingpharm, reported that it raised $71 million in a Series C round led by Tigermed, TF Capital and Yingke PE (Press release, ChinaBio, DEC 2, 2019, View Source [SID1234551857]). Headquartered in Taizhou, EOC manufactures and commercializes oncology products for China use that require mid to late stage clinical development for registration . It currently has a pipeline of six novel products from global biopharmas, including its most recent in-licensing, a Shionogi HER2/EGFR inhibitor intended to treat brain metastasis in advanced metastatic breast cancer patients. Two years ago, EOC completed a $32 million B financing.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!