Abingworth builds on success of co-development deals with $582M fund

A run of successes from its first clinical co-development fund has allowed Abingworth to increase the size of its second fund 5x, enabling the firm to ramp up its number of and stake in new deals. 

Abingworth Clinical Co-Development Fund 2 closed at $582 million, nearly twice the firm’s target of $350 million and more than 5x the $107 million that was raised for its first co-development fund in 2016...