The sizable funding accelerates NEOK Bio’s entry into the competitive ADC market, potentially reshaping cancer therapy with bispecific ADCs that could offer superior outcomes. Success could validate the bispecific ADC approach and attract further investment in next‑generation oncology biologics.
NEOK Bio, a stealth-mode biotech focused on bispecific antibody‑drug conjugates, announced a $75 million Series A round. The financing is led by Korean biotech ABL Bio and will fund advancement of two ADC programs into clinical trials, targeting solid‑tumor indications by mid‑2026.
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