ADC Therapeutics raises $60 million in private placement financing

Investing.comMonday, October 13, 2025 at 11:37:12 AM
ADC Therapeutics raises $60 million in private placement financing
ADC Therapeutics has successfully raised $60 million through a private placement financing, a significant boost for the biotech company. This funding will enable them to advance their innovative therapies and strengthen their position in the competitive market. Such financial support is crucial for biotech firms as it allows them to continue research and development, ultimately benefiting patients with unmet medical needs.
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