Temasek-backed biotech firm Tessa Therapeutics set to shut shop: Report

Temasek-backed biotech firm Tessa Therapeutics set to shut shop: Report

Tessa Therapeutics

Tessa Therapeutics, a Temasek-backed clinical stage biotech company, is set to enter liquidation after failing to raise more funding for the development of its cancer treatment cell therapies or find a strategic buyer amid a market downturn, The Business Times reported citing the company’s letter to shareholders.

Edited by: Joymitra Rai

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