ASLAN Keeps Eye On Maximizing Values After Fundraising

ASLAN has closed a Series C round involving some new investors that puts the Singapore venture in a more comfortable financial position and may allow it to complete pivotal trials for its lead oncology project. But its CEO says the main focus will continue to be on maximizing asset values.

Aslan Pharmaceuticals Pte. Ltd. has raised a total of $34m in a Series C financing involving existing and new investors, which it will use mainly to progress its pipeline.

The new round takes the total raised to date by the Singapore-based, oncology-focused venture to $69m, including equity financing and funding from the Singapore government, ASLAN CEO Dr. Carl Firth...

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