Celtic Therapeutics sets up $50 million Swiss ADC company
USA-based private equity firm Celtic Therapeutics Management has announced a significant commitment to antibody-drug-conjugate (ADC) products, with the launch of a new Switzerland-based company, ADC Therapeutics Sarl.
The new firm has been formed with a pipeline of 10 proprietary ADC oncology development programs, targeting multiple major cancers, including prostate, renal, breast, lung and blood cancers and an initial budget of $50million.
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