BridgeBio builds war chest to take on rare disease med Vyndaqel

26 September 2023

A $250 million private financing for California’s BridgeBio Pharma (Nasdaq: BBIO) will support a possible launch of acoramidis, as well as further late-stage pipeline development.

The company has released positive Phase III data for the small molecule, which is being developed for the rare disease transthyretin amyloid cardiomyopathy (ATTR-CM).

BridgeBio will submit for approval in the USA this year, with the goal of challenging the only currently available option, Pfizer’s (NYSE: PFE) Vyndaqel (tafamidis).

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