ADC-Focused Myricx Moves To Next Phase With £90m Cash Injection

 
• By Kevin Grogan

The UK spin-out from Imperial College London and the Francis Crick Institute has secured a significant series A financing to advance its novel antibody-drug conjugates which it believes offers a highly differentiated profile over standard payload classes.

Myricx
The three founders of Myricx with CEO Robin Carr (r) • Source: Imperial College London, Jason Alden

These are tough times for start-ups to raise cash on this side of the Atlantic but the money is there if you are developing a novel class of payloads in the hot space of antibody-drug conjugates (ADC), Myricx Bio being a prime example.

The UK biotech on 8 July announced the closing of a series A that has raised £90m ($114m), co-led by...

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