Beijing Luzhu Biotechnology Co., Ltd. Class H (HK:2480) has released an update.
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Beijing Luzhu Biotechnology Co., Ltd. has secured a total of RMB570.0 million in bank facilities to bolster its financial structure and support ongoing business development. The funds will aid in research and development, commercialization of product candidates, and construction of R&D and manufacturing facilities. This strategic move is expected to enhance the company’s financing efficiency and broaden its financing channels.
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