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ADC Bio Secures £2.5M Investment

Will ensure the achievement of specific business goals within the company’s overarching corporate strategy

ADC Biotechnology (ADC Bio), announces that it has secured additional funding of £2.5 million from existing investors and company management. The investment syndicate consists of Maven Capital Partners, Seneca Partners, the Development Bank of Wales and Downing LLP. The finance will be deployed to ensure the achievement of specific business goals within the company’s overarching corporate strategy.     Charlie Johnson, chief executive officer of ADC Bio said, “We are delighted to have obtai...

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