Financing to Progress Lead Therapeutic to Clinic
May 06 2021 Following progress made by the company over the past 18 months, Adaptate Biotherapeutics (Adaptate), a developer of antibody-based therapeutics for modulation of gamma delta T cells, announced that its existing investors, Abingworth and Takeda Pharmaceutical Company Limited (Takeda), have together made a further equity investment of $18 million (circa. £13 million). This funding brings the total raised since Adaptate’s inception in late 2019 to $34 million (circa. £25 million). The funds will be used to accelerate the company’s lead therapeutic anti...