BioCentury on BioBusiness,
Adimab VCs will be in the black by next year thanks to tech transfer deals
Monday, September 30, 2013
LLC's VCs expect to be in the black starting next year thanks to the
antibody company's three recent tech transfer deals, including one last week
Nordisk A/S. Adimab hopes the deals will mark the start of a steady
flow of dividend checks to its investors.
CEO Tillman Gerngross said
Adimab's business development strategy from the start has been to deploy its
yeast-based antibody discovery technology as widely as possible (see
BioCentury, March 31, 2008).
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