Abingworth Offers Home For Big Pharma Pipeline Projects

Closes $582m Clinical Co-Development Fund

The UK-headquartered life sciences investment firm has comfortably exceeded its target of $350m for a fund dedicated to taking on late-stage products, incurring all the clinical and regulatory risk and receiving a pre-negotiated return once the drug is approved.

gold
Abingworth hoping to strike gold with pharma and biotech assets • Source: Alamy

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