Ascletis Pharma Inc. announced that it has received CNY 700 million in series B round of funding led by existing investor C-Bridge Capital, a fund managed by C-Bridge Capital Partners LLC on January 3, 2017. The transaction involved participation from existing investors Goldman Sachs Group, Merchant Banking Division, Tasly Pharmaceutical Group Co., Ltd. (SHSE:600535), new investors Qianhai Equity Investment FOF, a fund managed by Shenzhen Capital Group Co., Ltd., WTT Investment, and FOCUS Media Jiangnanchun Foundation.