$100 million fundraise for antisense firm working in nephrology

13 March 2024
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A private share placement should see Regulus Therapeutics (Nasdaq: RGLS) swell its coffers by around $100 million.

The oversubscribed financing includes participation from new and existing institutional investors, including Adage Capital Partners, Deep Track Capital and Vivo Capital.

The announcement is timed to coincide with the release of  positive early-stage data for the firm’s lead candidate in nephrology.

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