Tubulis raises 128 million euros for ADC mission

14 March 2024
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German antibody drug conjugate (ADC) specialist Tubulis has announced the successful completion of an upsized and oversubscribed 128 million euros ($138.8 million) Series B2 financing.

Tubulis is developing a pipeline of uniquely matched ADCs with an indication-tailored targeting molecule and payload combination.

"Our goal is to establish Tubulis as a global ADC leader"The proceeds of the round will primarily support the advancement of Tubulis’ ADCs toward clinical evaluation and help achieve clinical proof-of-concept for lead candidates, TUB-040 and TUB-030.

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