UCLA biotech spin-out ImmunGene receives $9m from life sciences investor Ally Bridge Group.

ImmunGene, a life sciences firm based in California, has raised $9m in series A backing through investment platform Ally Bridge Group. The biotech, which is developing antibody-cytokine fusion technology therapies to treat cancer, is a spin-out of the University of California Los Angeles (UCLA). ImmunGene plans to use the latest funding to advance its products…

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