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Ally Bridge Group Leads $150M Investment In Sorrento Therapeutics
Aggregated Source: China Money Network
healthcare0384w94Ally Bridge Group, a Hong Kong-based healthcare private equity firm, has agreed to lead a US$150 million investment in NASDAQ-listed Sorrento Therapeutics, Inc., an antibody-centric, clinical-stage biopharmaceutical company developing new treatments for cancer and other diseases. A strategic investor, South Korean pharmaceutical and chemical firm Yuhan Corporation, also participated in the deal, which is structured […]

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