As reported by Genetic Engineering & Biotechnology News on 25 and 26 January 2010, Celtic Pharma Holdings is making an initial £5 million (about $8.1 million) investment in Cantab Biopharmaceuticals, Cambridge, UK. Cantab is wholly owned by the Celtic Pharma Holdings II LP (CP2) fund. The new CP2 funding will be spread over three years and will support the development of the firm’s first clinical-stage so-called ‘biosuperior’ biologic in haematology.
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