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

Variety

20-04-2023 | 03:14

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

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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