UK biotech raises £90 million to further ADC ambitions

8 July 2024

Myricx Bio, a UK biotech focusing on the discovery and development of a novel class of payloads for antibody-drug conjugates (ADCs), has announced the closing of its s

Series A financing raising £90 million ($114 million).

The round was co-led by new leading life science investors Novo Holdings and Abingworth. Additional new investors British Patient Capital, Cancer Research Horizons and Eli Lilly (NYSE: LLY) also participated, alongside founding investors Brandon Capital and Sofinnova Partners.

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