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PT Kalbe Farma Tbk (via Public) / General Atlantic to Invest US$55 Million in Kalbe Genexine Biologics


General Atlantic to Invest US$55 Million in Kalbe Genexine Biologics
General Atlantic to Invest US$55 Million in Kalbe Genexine Biologics
Capital to fuel Company s strategic growth into a leading biologics platform in the Southeast Asia region
Jakarta, Indonesia - January 27, 2021 - Kalbe Genexine Biologics ( KGBio or the Company ), a leading integrate biologics holding company focused on the in-licensing, clinical development, and manufacturing of novel biologicals and biosimilar molecules, today announced that General Atlantic, a leading global growth equity firm, will invest US$55 million in primary capital in the Company. The investment will support KGBio s ongoing clinical development and commercialization needs, asset acquisition plan, and production capacity expansion efforts. ....

New York , United States , Hong Kong , Mexico City , Distrito Federal , City Of , United Kingdom , Noord Holland , Palo Alto , South Korea , Jakarta Raya , Medika Kalbio , Innogene Kalbiotech , Ashish Saboo , Irawaty Setiady , Kalbe Genexine Biologics Kgbio , Sandeep Naik , Kalbe Farma , Genexine Inc , Kalbe Group , Genexine Biologics , General Atlantic , Southeast Asia , President Commissioner , Managing Director , Sung Young Chul ,