What to read around the web today

• Chi-Med's fruquintinib nabs FDA’s fast track for colorectal cancer (Healio)
• Hillhouse-backed cancer therapy firm Immvira snags $58m (DealStreet Asia)
• Kangji Medical to raise up to $404 million in Hong Kong IPO (South China Morning Post)
• Chinese Startup Miaoshou Doctor nets $85M in Series D (China Money Network)