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ShouTi Closes $100 Million Round for Structure-Based Drug Discovery

publication date: Oct 20, 2021

ShouTi, a San Francisco-Shanghai biopharma, closed a $100 million Series B financing led by BVF Partners that included other China and US investors. The company uses advanced computational and structure-based technology to discover and develop novel drugs. The proceeds will be used to advance ShouTi's discovery platform, which designs oral medicines with properties that overcome limitations of current biologic and peptide drugs. Schrödinger, a New York City company that uses advanced molecule simulations to discover drugs, is a co-founder and strategic partner of ShouTi. More details....

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