ADC Therapeutics Sarl (ADCT)

Launched in 2012, ADCT is an oncology drug development company focused on proprietary ADC programs targeting major areas such as breast lung, prostate, renal and haematological cancers. The Company’s ADCs incorporate a novel class of highly potent warheads, PBDs, which block the division of cancer cells without distorting the structure of the DNA. This prevents the ADC from developing resistance to continued therapy. ADCT is financed and majority owned by Celtic Therapeutics Management L.L.L.P. a pharmaceutical product focused private equity fund. Celtic launched ADCT with an initial budget of $50 million.