middle.news

How Will PYC’s $653M Raise Accelerate Genetic Disease Drug Trials?

9:48am on Monday 2nd of February, 2026 AEDT Biotechnology
Read Story

How Will PYC’s $653M Raise Accelerate Genetic Disease Drug Trials?

9:48am on Monday 2nd of February, 2026 AEDT
Key Points
  • Equity raise totalling approximately $653 million
  • Placement of $128 million to US specialist life sciences investors
  • Accelerated non-renounceable entitlement offer of $525 million to existing shareholders
  • Funds to support clinical progression of four drug candidates through to 2030
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Pyc Therapeutics (ASX:PYC)
OPEN ARTICLE