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Singapore's Temasek expands investment in biotech companies

Sovereign fund leads UK Glympse Bio's $46.7m fundraising

Singapore state-owned investment company Temasek has targeted multiple biotechnology companies for investments.   © Reuters

SINGAPORE -- UK-headquartered Glympse Bio has raised $46.7 million in an oversubscribed series B funding round from a slew of investors, including Singapore state-owned investment company Temasek.

The investment from Temasek marks a continuation of the fund's interest in biotechnology investments.

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