Celltrion Invests In UK’s Iksuda

Takes Controlling Stake In ADC Specialist Through $47m Financing Round

Celltrion has taken a controlling stake in ADC specialist Iksuda as part of a $47m financing round that has just been closed by the UK-based company.

Investment Money Hands Plant Grow
Celltrion has invested in ADC specialist Iksuda • Source: Alamy

Celltrion says it has become the largest shareholder of UK-based antibody drug conjugates developer Iksuda by participating alongside Mirae Asset Capital and Premier Partners in a $47m financing round that has just closed.

The Korean firm said Iksuda’s efforts to develop “next-generation anti-cancer drugs,” along with its biotech and chemical R&D capabilities, would...

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