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New Deal


Announced

Completed

OrbiMed led the Series B $105m investment in AbCellera.

Financials

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Transaction Value£85m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Private Equity

drug discovery platform

Canada

Biotechnology

Acquisition

Minority

Private

Completed

Single Bidder

Synopsis

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OrbiMed-led the Series B $105m investment in AbCellera, a privately held biotech with a drug discovery platform that searches and analyzes natural immune systems to find antibodies. “Drug development takes too long, fails too often, and costs too much. With the backing of visionary investors, we will double-down on our strategy of making long-term investments in technology and teams that are needed to put drug development on the fast track,” Ph.D. Carl Hansen, AbCellera CEO.

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