Development Timeline
NewDEL was founded as the first biotech company incubated by SMD.
Angel round financing led by Cowin Capital
The 1st indication of ND-003 enterred IND-enabling phase
Pre-A round financing led by Bioching Capital and followed by Cowin Capital
Pre A+ round financing completed
Awarded the first prize in the Shenzhen Innovation & Entrepreneurship Competition in Yantian District
The FDA and NMPA cleared IND for ND-003 for oncology, renal fibrosis, IPF and atopic dermatitis.
Awarded China's Top 100 Sci-Tech Innovations.
Series A round financing completed