Woodford Patient Capital Trust plc and Malin Corporation plc join the Wellcome Trust and the Bill & Melinda Gates Foundation to Complete Series B Financing.
Kymab, a leading monoclonal antibody biopharmaceutical company, announced today that it has successfully raised an additional US$50 million to complete a US$90 million Series B financing. The US$50 million is being invested by Woodford Patient Capital Trust plc (LSE:WPCT,“Woodford”) and Malin Corporation plc (ISE:MLC,“Malin”). This follows the first US$40 million Series B investment from the Wellcome Trust and the Bill & Melinda Gates Foundation. ...show more
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