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Wellcome Trust financing sets Kymab on course

 
• By Peter Mansell

A £20 million series A equity financing by The Wellcome Trust's investment division has given Kymab, a spin-out from the Trust's Sanger Institute in Cambridge, UK, the financial means to "build a substantial biopharmaceutical enterprise over the next decade", said chairman and CEO Andrew Sandham.

A £20 million series A equity financing by The Wellcome Trust's investment division has given Kymab, a spin-out from the Trust's Sanger Institute in Cambridge, UK, the financial means to "build a substantial biopharmaceutical enterprise over the next decade", said chairman and CEO Andrew Sandham.

Founded in 2009 by Professor Allan Bradley, director emeritus of The Sanger Institute and now a consultant to the company,...

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