Sir Tom Hunter today confirmed West Coast Capital (\u201cWCC\u201d), the investment arm of the Hunter family has backed Ellipses Pharma the cancer drugs venture founded by Sir Chris Evans, the biotech entrepreneur, and backed by an eclectic group of investors including the president of the United Arab Emirates. WCC made a multi-million pound investment.<\/p>\n\n\n\n
Commenting Sir Tom said;<\/p>\n\n\n\n
\u201cI\u2019ve known Chris for over 25 years and invested with him over the years. This investment for us is very exciting \u2013 the quality of the Team, world class use of expert knowledge and the intelligent disruption of financing the drug discovery\u2026And then of course led by the force of nature that is Professor Sir Chris Evans.\u201d<\/p>\n\n\n\n
Ellipses Pharma has invested $150 million into its clinical drugs pipeline and is planning to invest another $100 million, of which $40 million was raised recently.<\/p>\n\n\n\n
The company\u2019s investors include Mohamed bin Zayed, president of the UAE, Steve Morgan, founder of the housebuilder Redrow, the Rolling Stones\u2019 Ronnie Wood.<\/p>\n\n\n\n
The venture has three \u201cvery exciting\u201d oncology drugs<\/p>\n\n\n\n
For further information review these documents: Press Release<\/a> & Additional Press Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Sir Tom Hunter today confirmed West Coast Capital (\u201cWCC\u201d), the investment arm of the Hunter family has backed Ellipses Pharma the cancer drugs venture founded by Sir Chris Evans, the biotech…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"\n