On July 1, 2021 Zentalis Pharma, a US-China biopharma, reported that it closed a $150 million secondary offering to advance its small molecule cancer portfolio (Press release, Zentalis Pharmaceuticals, JUL 1, 2021, View Source [SID1234584544]). One year ago, Zentalis formed a a Shanghai subsidiary, Zentera Therapeutics, with initial funding of $20 million to develop three of its candidates in China. Zentalis owns a majority stake in the JV. A clinical stage company, Zentalis says its candidates target fundamental biological pathways of cancers. Zentalis is headquartered in New York City with labs in San Diego.

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