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New Funding Nectar For Hummingbird As It Progresses Novel Antibodies

 
• By Ian Haydock

Singapore- and US-based rational antibody design venture closes major new financing to support progress of its novel pipeline, with its two lead assets set to enter the clinic shortly. CEO Piers Ingram talks to Scrip about plans and strategy.

hummingbird
Hummingbird Pursues Antibody Nectar • Source: Alamy

Hummingbird Bioscience’s business model is based on the development of novel precision therapies against therapeutically significant, but hard-to-drug, targets. It’s an approach in which investors see enough potential to have provided $125m in a Series C financing led by Novo Holdings, the investment and asset management arm linked to Novo Nordisk A/S.

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