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New Deal


Announced

Completed

Ping An Capital led a $124m Series C round in Apollomics.

Financials

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Transaction Value£94m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Acquisition

Venture Capital

United States

oncology

Cross Border

Single Bidder

Friendly

Private

Pharmaceuticals

Private Equity

Completed

cancer immunotherapies

Synopsis

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Ping An Capital, a private equity firm, led a $124m Series funding round C round in Apollomics, a biopharmaceutical company. “Apollomics is focused on a precision medicine approach that targets specific mutations, amplifications and resistance mechanisms to bring transformative therapies to cancer patients. We appreciate the profound level of support and interest we received during this financing and welcome several new investors to our shareholder base. With this infusion of capital, we will continue our ambitious plans to progress our current pipeline and expand our programs globally," Guo-Liang Yu, Apollomics Co-Founder, Chairman and CEO.

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