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Adagene of Suzhou Raises $8 Million for Antibody Discovery

publication date: Dec 8, 2014
Adagene Inc., a Suzhou antibody discovery and engineering company, closed an $8 million Series A round of financing with participation by two Fidelity funds -- Fidelity Biosciences and Fidelity Asia Growth -- along with the WuXi Venture Fund, the investment arm of WuXi PharmaTech . Adagene partners with other pharmas to develop antibodies for the partners' needs and is also building its own portfolio of products, which it will out-license later in their development. More details....

Stock Symbol: (NYSE: WX)

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