Thursday 20 April 2023

Singapore's CBC, #AbuDhabi's Mubadala raise $315 mln for Hasten Biopharmaceutic | Reuters

Singapore's CBC, Abu Dhabi's Mubadala raise $315 mln for Hasten Biopharmaceutic | Reuters

Singapore-based healthcare investment firm CBC Group said on Thursday that it and Abu Dhabi sovereign wealth fund, Mubadala Investment Co completed a $315 million fundraising round for Hasten Biopharmaceutic Co Ltd.

The proceeds will be used to fund future acquisitions and business development of pipeline assets, CBC said.

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