On February 13, 2019 Doer Biologics reported in January 2019, Doer Biologics has closed tens of millions RMB in its first financing (Press release, Doer Biologics, FEB 13, 2019, View Source [SID1234656201]). The Series A round was led by Kaitai Capital, with participation from Hangzhou Bairui Investment Company. Doer Biologics devotes to the development of multi-domain innovative biopharmaceutics, focusing on unmet clinical needs. Based on its MultipleBody and XLong long acting technology platforms, Doer biologics has developed DR10619, DR30121 and other products, which are significantly competitive in the field of NASH and AMD. Its first financing will certainly facilitate the progress of its products to IND application.

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