BridgeBio launches another new company, GondolaBio

22 August 2024

BridgeBio Pharma (Nasdaq: BBIO) has announced the formation of a new joint venture, GondolaBio, in collaboration with a syndicate of prominent investors.

The announcement was made via a filing with the US Securities and Exchange Commission.

The move aligns with the Californian firm’s strategic approach of spinning out its technologies into independent companies.

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