Sonny Hsiao, Acepodia CEO

Can the an­ti­body-drug con­ju­gate mod­el work for NK cells? Ace­po­dia loads up with an­oth­er $109M to find out

Ace­po­dia chair­man and co-founder Patrick Yang called can­cer “the longest war Amer­i­ca (has) ever fought.” So when he met Son­ny Hsiao in 2016 and saw his “clever, very sim­ple, el­e­gant” ap­proach to bat­tling tu­mor cells, he was all in.

Four years and some very ear­ly pos­i­tive re­sults lat­er, Yang and Hsiao have racked up an­oth­er $109 mil­lion from in­vestors to see their “an­ti­body-cell con­ju­gates” through the clin­ic. And while Yang says this isn’t a crossover round, he ad­mit­ted that the com­pa­ny is “watch­ing the cap­i­tal cli­mate” and could pos­si­bly file for an IPO next year.

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