From AFR Street Talk
Carlyle goes all in on biotech Opthea; MST launches $80m capital raise
Carlyle Group and its life sciences arm Abingworth are doubling down on their investment in Australian biotech Opthea in an ongoing bid to get the company’s lead therapeutic candidate OPT-302 to market, Street Talk understands.
The private equity giant has signaled its intention to take up an option to invest another $80 million in the clinical stage biotech.
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