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Rallybio Corporation and Candid Therapeutics Announce Merger Agreement

Rallybio (RLYB)Rallybio2026-06-25 13:46 ESTFinancing

Combined company to operate as Candid Therapeutics, advancing a leading portfolio of T-cell engager therapeutics for autoimmune diseases Concurrent significantly oversubscribed and upsized financing of over $505 million committed by a syndicate of leading healthcare institutional investors and

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Rallybio

Rallybio is a biopharmaceutical company focused on advancing a pipeline of therapeutic programs. Investors usually track how clinical data, regulatory milestones, and launch execution change the story over time.

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15.89 USD
Market cap
91.23M USD
Exchange
NASDAQ
Sector
Biotechnology
Location
United States