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Financings Roundup

Investors Get Bullish on ADCs; Mersana Closes $27M Round

By Catherine Shaffer
Staff Writer

Wednesday, August 1, 2012
Mersana Therapeutics Inc. attracted $27 million in Series A-1 financing for its Fleximer-based antibody-drug conjugate (ADC) pipeline. Riding the coattails of Adcetris' success, Mersana is hoping to develop the next generation of ADCs, addressing limitations of earlier iterations of the technology.

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