ARTICLE | Finance
Lean machine for ADCs
SynAffix investors want ADC company to focus on platform tech, not products
February 24, 2014 8:00 AM UTC
Platform companies are notorious for the heavy cash required to turn their platforms into products, but SynAffix B.V. investors are taking a different tack. The syndicate in last week's series A round is hoping for a big return by keeping the company financially lean.
The plan is to focus on optimizing the biotech's ADC technology rather than putting a lot of cash into products...