Abimab Snags $8.2M in Equity

10/6/09

Adimab, the Lebanon, NH-based developer of technology to quickly make antibody drugs, has raised $8.2 million in a venture round, according to a regulatory filing. Adimab collected the Series D financing from Google Ventures, SV Life Sciences, Polaris Venture Partners, OrbiMed Advisors, and Borealis Ventures, as Ryan reported last week before the dollar amount became public. Adimab is led by CEO Tillman Gerngross, who sold his previous antibody company, GlycoFi, to Merck for $400 million in 2006.

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