Biotech News

Rallybio Corporation and Candid Therapeutics Announce Merger Agreement

Rallybio (RLYB)RallybioFinancing

Combined company to operate as Candid Therapeutics, advancing a leading portfolio of T-cell engager therapeutics for autoimmune diseases Concurrent significantly oversubscribed and upsized financing of over $505 million committed by a syndicate of leading healthcare institutional investors and

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Rallybio

Rallybio is a rare-disease biotechnology company focused on complement and immune-mediated disorders. Its pipeline aims at high-unmet-need conditions where targeted biology matters.

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16.19 USD
Market cap
94.13M USD
Exchange
NASDAQ
Sector
Biopharma
Location
United States