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Funding Clicks Into Place For Tagworks

Signs Off $65m Series A

 
• By Kevin Grogan

Backed by an international syndicate of investors including Novartis and Ysios Capital, Tagworks has raised a healthy sum to advance its proprietary click-to-release platform technology and take its first click-cleavable antibody-drug conjugate into the clinic.

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• Source: Shutterstock

Tagworks Pharmaceuticals, a pioneer of click-to-release chemistry, has raised $65m in a series A round to finance a pipeline targeted at unlocking the therapeutic potential of antibody-drug conjugates (ADCs).

The firm, which was spun out of Philips Healthcare 12 years ago and has operations in Nijmegen, the Netherlands, and Boston, US, has attracted a wide range of backers from both sides of the Atlantic

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