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How Will PYC’s A$653m Raise Propel Its RNA Therapy Pipeline to 2030?
9:50am on Monday 2nd of February, 2026 AEDT
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Healthcare
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How Will PYC’s A$653m Raise Propel Its RNA Therapy Pipeline to 2030?
9:50am on Monday 2nd of February, 2026 AEDT
Key Points
A$653 million capital raise via institutional placement and 3-for-5 entitlement offer
Funds to advance four RNA therapeutic candidates targeting genetic diseases
Cash runway extended to calendar year 2030
Underwritten up to A$200 million by seven existing sophisticated investors
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Pyc Therapeutics (ASX:PYC)
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