With $850m, Nuvation Aims To Speed Novel Cancer Drugs To Patients

As With Medivation, David Hung Takes New Venture Public In SPAC Merger

Nuvation started in 2018 and raised a $275m series A round in 2019. Now it is merging with the EcoR1 Capital-sponsored SPAC Panacea Acquisition Corp. and raising $500m in equity capital.

Business growth
Nuvation's growth is powered by veterans of Medivation and other high-profile companies • Source: Shutterstock

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