Breaking News

Iambic Therapeutics Closes Oversubscribed $50M Series B Extension

Financing will be used to further Iambic’s pipeline of clinical and pre-clinical programs.

Author Image

By: Charlie Sternberg

Associate Editor

Iambic Therapeutics, a clinical-stage biotechnology company developing novel therapeutics using its AI-driven discovery platform, has closed an oversubscribed $50 million extension to its Series B financing, which was led by new investors Mubadala Capital and Exor Ventures, with participation from Qatar Investment Authority (QIA), and existing investors Abingworth, Illumina Ventures, Nexus Venture Partners, Coatue, and Tao Capital Partners.   The extension adds to an oversubscribed $100 millio...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters