Foghorn Therapeutics to raise $110 million in share offering
Foghorn Therapeutics (Nasdaq: FHTX) has announced the pricing of a direct share offering, with the goal of raising $110 million.
The money will be used to advance the firm’s pre-clinical and clinical programs and for general corporate purposes.
Founded in 2021 by Flagship Pioneering, Foghorn aims to discover and develop a novel class of medicines, targeting genetically determined dependencies.
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