Abingworth Offers Home For Big Pharma Pipeline Projects
Closes $582m Clinical Co-Development Fund
The UK-headquartered life sciences investment firm has comfortably exceeded its target of $350m for a fund dedicated to taking on late-stage products, incurring all the clinical and regulatory risk and receiving a pre-negotiated return once the drug is approved.
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International investment group Abingworth has closed its eleventh life sciences fund, raising $105m for its Abingworth Clinical Co-Development Fund (ACCF) which will offer a novel co-development investment approach in the life science space.