CBC GROUP AND MUBADALA CO-LEAD US$315 MILLION FUNDRAISING ROUND FOR HASTEN BIOPHARMA
Proceeds raised will be used to fund future acquisitions, and fuel business development of innovative pipeline assets
The fundraising round was co-led by CBC and
"We look forward to deepening our relationship with Hasten and tapping the synergies between Hasten and our other portfolio companies to further strengthen our robust and world-class healthcare ecosystem", he added.
Mohamed Albadr, Head of Mubadala's
This latest round of fundraising follows Hasten's acquisition of the Chinese-mainland exclusive rights for five cardiovascular and metabolism drugs from Takeda Pharmaceutical Company Limited in
About CBC Group
Headquartered in
For more information on CBC Group, please visit www.cbridgecap.com.
Connect with us on LinkedIn (CBC Group).
About Mubadala Investment Company
Mubadala Investment Company is a sovereign investor managing a global portfolio, aimed at generating sustainable financial returns for the Government of Abu Dhabi. Mubadala's
For more information about Mubadala Investment Company, please visit: www.mubadala.com
About Hasten Biopharmaceutic Co., Ltd.
Hasten Biopharmaceutic Company Limited ("Hasten") is an innovation-driven pharmaceutical company. Adhering to our core values of integrity, agility, innovation, and accountability, we are committed to providing high-quality healthcare solutions to serve our key stakeholders, creating an ecosystem to provide better care for patients with chronic diseases, and ultimately achieve the goal of becoming a healthcare industry leader.
For more information on Hasten, please visit www.hastenpharma.com.
Connect with us on LinkedIn (Hasten).
View original content:https://www.prnewswire.com/news-releases/cbc-group-and-mubadala-co-lead-us315-million-fundraising-round-for-hasten-biopharma-301802510.html
SOURCE CBC Group
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