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Rare disease biotech Rallybio files for a $100 million IPO

firstwordpharmaJuly 06, 2021

Tag: Rallybio , IPO , FNAIT

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Rallybio has filed with the SEC to raise up to $100 million in an initial public offering, reported Renaissance Capital.

The company is currently advancing its lead program, RLYB211, in a Phase I/II trial for the treatment of fetal and neonatal alloimmune thrombocytopenia (FNAIT).

RLYB211 is a polyclonal anti-HPA-1a antibody and is expected to report data from its Phase I/II trial in this month.

The company also has four preclinical programs, one of which, RLBY212, is also being developed for the treatment of FNAIT, and two of which are being developed to treat complement dysregulation diseases.

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