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Abingworth tees up a unique, $105M co-development fund for PhIII deals

The international team at Abingworth likes investing in co-development programs, backing two companies that specialize in taking on the risk and cost of Phase III in exchange for a piece of a precalculated, multiyear payout that can be earned for success. And now it has its first, standalone fund stocked with $105 million to invest in more such pacts.

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