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Nuvation Bio raises US$275m in funds with EDBI, Pavilion taking part

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Ng Ren Jye

Published Tue, Oct 29, 2019 · 09:50 PM

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Singapore

SINGAPORE Economic Development Board's investment arm, EDBI, and Temasek Holdings subsidiary Pavilion Capital took part in a US$275 million oversubscribed Series A round for US-based biotech startup Nuvation Bio.

The round was led, structured and syndicated by Boston-based Omega Funds, and included participation from Aisling Capital, Altitude Life Science Ventures and Baupost Group, among other investors, the startup said on Tuesday.

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