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09.12
2020
Top 10 Biopôle-based companies by capital raised in 2020
In 2020, Biopôle-based companies raised CHF 417m. ADC Therapeutics finalised a major IPO on the New York Stock Exchange with a closing of upsized $267m and signed a credit facility worth $115m with Deerfield. Younger companies were no less successful, with two new companies – Gondola and Novostia – receiving significant grants. The StartLab-incubated companies also announced that they had raised more than CHF 6m in 2020.
ADC Therapeutics Announces Closing of Upsized $267 Million Initial Public Offering and Receipt of the $65 Million First Tranche under Its $115 Million Convertible Credit Facility with Deerfield