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flag Akeso Biopharma raises $250M through share placement for global clinical development of drugs.

flag Akeso Biopharma, a Chinese drug development firm, has raised around $250 million through a share placement, primarily aimed at enhancing its global clinical development efforts for its innovative drugs. flag Following this transaction, the company's cash reserves will total approximately $1.064 billion. flag The funding will support the advancement of core products in both Chinese and international markets, bolstering Akeso's competitiveness globally.

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