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Aligos Therapeutics Announces $105 Million Private Placement Financing to Fund Clinical Study
Feb 12, 2025•over 1 year ago
Contract Type
partnership
Description
Aligos Therapeutics, Inc. has announced a private placement financing of approximately $105 million to fund the start of the ALG-000184 Phase 2 clinical study for chronic hepatitis B virus infection (CHB) and for other general corporate purposes. The funding is expected to extend the cash runway into the second half of 2026.
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Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months