Genting-backed Singaporean pharma startup TauRx claims $2.5b valuation

Genting-backed Singaporean pharma startup TauRx claims $2.5b valuation

Photo: Pixabay

It hasn’t found a cure for Alzheimer’s disease and doesn’t have any drugs on the market. Yet, TauRx Pharmaceuticals Ltd. says the company’s worth about $2.5 billion as it embarks on its latest trial funded by shareholders including casino operator Genting Bhd.

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