Terns Pharmaceuticals prices public offering to raise $150 million
Terns Pharmaceuticals (Nasdaq: TERN), a specialist in small molecule treatments for serious diseases, is to raise $150 million via a public offering.
The company plans to use the proceeds from the offering to support research and development of its key product candidates, including TERN-701, TERN-601, and the TERN-800 series, as well as for general corporate purposes.
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