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WXXWY - Investors Bet Big On Cancer Drug Infant Duality Biologics And Its Rockstar Founder
Wuxi Biologics Cayman Inc ADR
DualityBio last month announced securing an impressive $90 million in series B financing, with global giant Eli Lilly-backed Lilly Asia Ventures and Chinese heavyweight WuXi Biologics signing on as investors.
ADCs combine monoclonal antibodies and a potent payload of drugs via a so-called linker molecule.
Globally, the overall ADC market is expected to reach around $11 billion by 2030, according to a new report by Vision Research Reports.